An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Sunday, May 9, 2010
EU proposes a $1T loan package to defend the euro!
Already experiencing a debt crisis and unable to pay debt service on their current obligations, they are about to borrow $1 Trillion to defend the euro. This is an absolute joke. My 9-year-old son could come up with better policy than this.
The ECB is the only entity that can stop this and they are doing NOTHING!
GO SHORT THE EURO...THIS IS A GIFT AND ABSOLUTE GIFT!!!!!
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