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To: TigerLikesRooster
ECB money pumping will be inadequate because Europe needs lower tax rates, less regulation, and a restoration of national currencies for at least the ailing southern tier members of the Eurozone. Without such politically difficult structural reforms, Europe's malaise will persist.
9 posted on 11/07/2014 5:25:40 PM PST by Rockingham
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To: Rockingham

Unfortunately EU is not up for any of the measures you listed, and their malaise will persist into indefinite future.


10 posted on 11/07/2014 5:42:25 PM PST by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: Rockingham

Spot on analysis. Europe seems to love communism masked as cronyism via adulterated capitalism.


14 posted on 11/08/2014 4:44:37 AM PST by 1010RD (First, Do No Harm)
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