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 
Germans doubt Merkel's vow on saving deposits - poll 
Italy, Spain ETFs Tank On Cyprus Bailout

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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