
“Keep in mind that Greece is in such bad shape that it didn’t even make this chart. Only Germany of the Eurozone Big 5 is showing positive industrial production [growth] over the last 7 plus years. Germany will not be able to bail everyone else out. It comes down to European Central Bank money printing which will result in a devalued euro, making the debt easier to payoff in the cheaper euros, or it is collapse of the Eurozone.”
http://www.economicpolicyjournal.com/2012/11/the-crack-up-of-eurozone-detailed-in.html
Related posts:
IRS Needs AR-15′s For “Standoff Capabilities”? [2013]
Furor Growing Against Obama Over 'Monsanto Protection Act'
“Snowden Effect” in Action: NSA Authority to Collect Bulk Phone Metadata Expires
With New Initiative ‘Galactic,’ PayPal Wants To Own Payments And Commerce In Space
"Cooperate" With the Police, Or Be Assaulted in Front of Your Children
City Of Concord Confuses Concerned Residents With Domestic Terrorists
Florida gov. delays execution for Attorney General Pam Bondi’s fundraiser
U.S. Court: DOE Can't Charge For Non-Existent Nuclear Waste Storage
Police in Springfield, Mass. adopt Iraq-style ‘counterinsurgency’ tactics
Russia won’t extradite Snowden to US – Kremlin
Canadian pot investors are being banned for life upon entry into U.S.
Smart Light Bulb Doubles as Bluetooth Speaker
Pentagon to Admit to 2,000 Ground Troops in Syria
Northern Michigan Secession
NYPD Commissioner: Stop-and-frisk ‘a fact of urban life’