Posted on 11/15/2010 5:52:31 PM PST by kingattax
The euro is facing an unprecedented crisis after another country indicated on Monday night that it was at a "high risk" of requiring an international bail-out.
Portugal became the latest European nation to admit it was on the brink of seeking help from Brussels after Ireland confirmed it had begun preliminary talks over its debt problems.
(Excerpt) Read more at montrealgazette.com ...
Germany will kick europe to the curb for self survival..
Can’t blame them. They were fantastically stupid to get into the EU.
They want to share in everyone’s wealth. But they didn’t account for the fact that they’d be sharing in everyone’s poverty and mismanagement, too.
The crack in the world is getting bigger.
Once Ireland announced it needed a bailout, the other countries realized that there is a finite amount of bailout money that can be used, before it’s necessary to print money and go into hyperinflation. Whoever gets in line last is screwed.
Maybe boy genius, nobama, will petition to join the EU so as to partake of the wealth-spreading? nobama is soooooooooooo intelligent that the rest of us are merely fly maggots in the scheme of things.
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