What is the point in protesting? If the government is out of money and can’t borrow any more, what can be done?
Cold War Deuce.
“If the government is out of money and cant borrow any more, what can be done?”
The individual nations gave up their sovereignty to a socialist semi-monarchy of unelected permanent politicians. THEY can print new money on demand. The debtor nations are asking them to simply print more Euros the way Obama did here. Germany, who has not been profligate would suffer while Greece, Italy and Spain would continue spending Germany’s money. Essentially, this will be a huge hidden tax on Germans.
who says they can’t borrow? a banker with bad loans and no collateral might rather loan a bit more than write it all down
Riot of course. That solved everything.