The monstrous fact. From bail-outs to debt peonage.
There is one monstrous fact stalking Europe and no amount of debating will make it go away – there isn’t enough money to make the bank bail-out’s work. There isn’t enough money in Europe’s bail out fund, the EFSF, despite this morning’s vote in the German parliament. The vote this morning was to ‘increase’ the …
The monstrous fact. From bail-outs to debt peonage. Read More »