
“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:
Ohio Dept. Of Insurance: Obamacare To Increase Premiums By 88 Percent
The Bearish/Bullish Conundrum
The Attack at the Kenyan Mall
Bitcoin: Getting Down to Virtual Currency Basics
Super Bowl Mic Hijack Proves Government Cannot Protect You
Good Morning, Sweetheart: Now You're On Fire, Courtesy of the Local Police
The US-Syrian Quandary: A Case of Déjà-Vu
Bob Murphy: Inflation Is the Plan (Not A Side Effect)
Washington greets the New Year by assaulting your rights
CIA sneaks undetectable ‘malicious’ implants onto Windows OS: WikiLeaks
Teen Unemployment In Major U.S. Cities Tops 50%
How Do You Turn a Leftist into a Warmonger?
The Resident: Why Gov't Consolidates Media
Bitcoin Exchange Berlin to Open on Saturday, June 29
NSA wanted to use the Espionage Act to prosecute a journalist for using FOIA