€460 billion worth guaranteed by an economy with €130 billion in domestic output

This is an essay by S Kinsella. It gives an idea of just how ludicrous the situation for the western economies.

Advertisements
This entry was posted in comment, little death, Uncategorized. Bookmark the permalink.

One Response to €460 billion worth guaranteed by an economy with €130 billion in domestic output

  1. R. Sherman says:

    As they say, the first rule when you find yourself in a hole is to stop digging. Unfortunately, the pols won’t do that, because the only thing they know how to do, is buy votes with other people’s money, even if they have to borrow it.

Comments are closed.