Home > Uncategorized > The new normal: bailing out profligate behavior.

The new normal: bailing out profligate behavior.

The EU approved a package to the tune of $957 billion (why not just $1 trillion?). The purpose of the package was not so much to bailout Greece, but to “defend the euro whatever it takes”, according to Olli Rehn, the European commissioner. That’s all fine and dandy, but I have a question: how is EU going to pay for this?

We are so screwed.

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