Beet
Atlas Star
Posts: 29,045
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« on: May 11, 2010, 07:40:07 AM » |
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Well, either the bazooka must keep firing (printing) until all of Europe's deficit commitments are paid off in the short, medium AND long term, or there must be sharp budget reform that restores sustainability. Probably it will have to be a combination of both. But it must be implemented, that is the key. And that requires not just the politicians but also the populace waking up to the need for tough or unusual measures. The US ought to take note as well.
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