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| User Info | Here It Comes In Europe (Threats); entered at 2012-05-22 11:54:03 | |||
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Azusgm Posts: 2408 Registered: 2010-12-02 East Texas
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Gotta ask. Just how much sovereign paper must the banks hold to keep their regulators happy? This is so circular that it is becoming a vortex. From what I've read, the Greeks are relying on barter more and more. They have to. If they can't access credit and their income streams are cut, they become Euro-poor. They appear trapped without euros or a new currency. No fiat = real goods and services. What a concept. 2012-05-22 11:54:03
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