Reply #2: That's what most European economists are saying. [View All]

[sabrina 1]

Some even calling it a 'fantasy'. They need to get rid of their governments over there, as Iceland did, and it looks like the EU will not survive this from what a lot of people are saying. This has shown people there how if one country has problems it can drag down the others.

However, the Europeans blame all of this on the failure of Lehman Bros and Henry Paulson allowing it to happen. They all should been allowed to fail and we would, like Iceland, be rebounding by now. Instead, they keep putting off the inevitable. They have to start prosecuting the crooks, and if they are going to borrow more money then use it to create jobs. That will stimulate their economies, instead they keep trying to save the banks with zero concerns for their people. They deserve whatever happens to them, but not the people.

Max Keiser said today that they could not be doing anything more stupid, instead of getting out of debt, they are planning on trying to borrow another trillion dollars to create even more debt. He went wild over it, like everyone else, calling it a fantasy. But for a day, it made the market go up. What a scam it all it.