
“Portugal’s leading elder statesman has called on the country to copy Argentina and default on its debt to avert economic collapse, a move that would lead to near certain ejection from the euro. Mario Soares, who steered the country to democracy after the Salazar dictatorship, said all political forces should unite to ‘bring down the government’ and repudiate the austerity policies of the EU-IMF Troika. ‘Portugal will never be able to pay its debts, however much it impoverishes itself. If you can’t pay, the only solution is not to pay. When Argentina was in crisis it didn’t pay. Did anything happen? No, nothing happened,’ he told Antena 1.”
Related posts:
Daniel Ellsberg: Snowden made the right call when he fled the U.S.
Croatian Swiss franc debtors demand central bank governor resign
Housing recovery advances as resales hit two-year high
Plastic bills: Quick! Spend them before they melt
Ayahuasca-drinking shamans in Peru give Obama the win
Bitcoin store opens in Calgary
Fortress’s Novogratz says bitcoin is in ‘inning 3 of a 9 inning game’
Hungry U.S. Power Plant Turns to Russia for Coal Shipment
Native American Activist Wants To Swap The Dollar For Bitcoin
Man with walking stick puts three Sapulpa schools on lockdown
Four Arizona cops awarded paid vacation after beating unarmed man unconscious
NYPD commissioner defends "broken window" policing
Clearstream to Give Direct Access to Local Russian Stocks
Ron Paul blasts establishment in Ron Paul Channel debut
Police officer shoots unarmed man 41 times, reloading twice