Monday, December 05, 2011

Euro-Bomb!

The financial kind of bomb.

Click directly on the image to enlarge it:


From Doug Ross @ Journal (citing this source, which is worth your time to read):
There is no way to push the repricing genie back in the bottle, and so there is no way to roll over this debt and add to it--and to support the high-cost structure of Euroland's welfare-state governments and their astounding debt, then debt must be added, and in staggering quantities.
Grim!

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