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European Union - Combine Two Funds


Parsad
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How does this fix anything but short-term problems?  I think they need to build a fund to support thier banks when the PIGS leave the euro.  All the buying of bonds does is kicks the can further down the road and will lead to a shortage of funds when they need it (when the PIGS leave the Euro).  At this point the German's don't want to fund the Greek/Soutern European lifetstyle and the Greeks/Southern Europeans don't want to live like Germans and I can understand that so I don't see how this fund is something other that a waste of time/money that will end up in failure. 

 

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