Jump to content

Koo on solving the Eurozone crisis


racemize

Recommended Posts

This is a brilliantly simple proposal and certainly an improvement for the Eurozone going forward. 

So simple and obvious in fact that it is notable that this wasn't included in the Eurozone in the first place.

 

The only two hurdles I see are:

 

1.  The "profligate idiots" (Kyle Bass term) must admit they are profligate idiots which leads to . . .

 

2.  We can no longer point the finger at others and now must pay our own bills going forward and the massive credit card bill that's still outstanding.

 

Those are really big hurdles for the politicians. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...