Vivvo CMS v4.5.2 http://www.dailysquib.co.uk/ http://www.dailysquib.co.uk/files.php?file= http://www.dailysquib.co.uk/ http://www.dailysquib.co.uk/world/3459-next-european-fascist-leader-waiting-in-wings-as-euro-crisis-deepens.html World Tue, 24 Jul 2012 22:14:00 +0100 World Thu, 26 Jul 2012 10:26:42 +0100 Why can't they announce something like the following:-

1. That as a temporary emergency measure the ECB will be authorised to print and distribute money as directed by the Eurozone leaders, led by Germany & France.
2. That the Greek bailout will cease as it is not working and a waste of money.
3. That the new money will be used to compensate (say 70%) of the money banks etc will lose when Greece goes bust.
4. That Greece will obviously be leaving the Eurozone.

Unfortunately IMHO the main problem is Greece. If the Greek problem did not exist the other Countries problems could be solved. Greece may be a small country but the problem with it is not only is the debt massive (around £40,000 per person I think) but their politicians are simply not trusted. This is a very important point. Even with politicians that were trusted it would be a very tall order. But with ones that are not trusted there is NO CHANCE AT ALL of them ever paying back what they owe. So the bottom line is they will have to be left to default. They will default IMHO without a doubt. Just a matter of when.
All IMHO.]]> The Daily Squib - Spoof, Satirical, Joke, Comedy and Fake News