I have been saying this for years. These bailouts don't do anything to fix the underlying causes, it's just can-kicking and a Ponzi scheme.
"The Whole Thing is a Giant Ponzi Scheme".
Thursday, June 21, 2012
Euro Bailouts: A Giant Ponzi Scheme; At the End of the Day The Whole Thing is Going Bust
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2012
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June
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- 28 Banks Downgraded, Yields Double
- Big Bad Banks Downgraded
- Euro Bailouts: A Giant Ponzi Scheme; At the End of...
- European Bailout Drawing From From ESM, What ESM?
- The Great Bailout Dellusions: Gone faster and Fast...
- Like A Broken Record: Spain Downgraded Again, Near...
- Investing in 2012: 6 Months Later... Back to Squar...
- Eurozone Unemployment Hits All-Time High
- Unemployment Ticks Higher Again Sinking Silly Markets
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