Wednesday, March 27, 2013

Hate to say, but we told you so!




Jeroen Dijsselbloem Says Cyprus Is A 'Template' For EU Bailouts, Sends Markets Tumbling 
http://www.huffingtonpost.co.uk/2013/03/25/jeroen-dijsselbloem-sends_n_2949358.html 
Germans doubt Merkel's vow on saving deposits - poll
http://uk.reuters.com/article/2013/03/26/uk-eurozone-germany-merkel-idUKBRE92P11H20130326 
Italy, Spain ETFs Tank On Cyprus Bailout
http://www.nasdaq.com/article/italy-spain-etfs-tank-on-cyprus-bailout-cm230960


We hate to say, but we told you so.

What is happening in Cyprus and Greece is the blueprint of a a pan-European disaster. More centralized banking and financial systems is not a solution. More EU is not a solution, more Europe is the solution.




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