This Is Why The Euro Is Finished | Zero Hedge

Posted: 2015/07/05 by dearbalak in Links/Articles/Video
Tags: , , , , , ,

http://www.zerohedge.com/news/2015-07-04/why-euro-finished

Look, it’s simple, the euro is finished. It won’t survive the unmitigated scandal that Greece has become. Greece is not the victim of its own profligacy, it’s the victim of a structure that makes it possible to unload the losses of the big countries’ failing financial systems onto the shoulders of the smaller. There’s no way Greece could win.

Comments
  1. twomeydesign says:

    What is the real reason Varoufakis resigned? I assume he was forced out by the European oligarchy. He was one person in power who spoke the truth.

    Liked by 1 person

    • dearbalak says:

      Pretty much. Syriza keep trying to play an honorable game so that when it all goes to shit it would be harder to blame them. It makes sense to do that. Hopefully Varoufakis remains as a silent adviser.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s