Saturday, December 3, 2011
Currency Crash: No Solution To Crisis - To Late To Save The Euro
The person essentially in charge of Europe's purse strings says there is no easy fix to the Eurozone's debt crisis and finding a solution will take years. German Chancellor Angela Merkel said the region needs a new financial union with stronger controls and debt regulations. Economic analyst Michael Mross, says he agrees with the EU monetary chief, who warned the Eurozone is running out of time to tackle its debt.
You might wish to read this article by Michael Hudson on Debt Slavery.