The Euro Titantic Has Hit the Iceberg

Jun 13, 2012
J. Webster
Comments Off on The Euro Titantic Has Hit the Iceberg

British politician Nigel Farage has been against the European Union from the start. His argument is that “a one size fits all interest rate” cannot work for countries with structurally different economies, often using the example of Greece and Germany to emphasize contrast”. Here he unleashes a nice little tirade at the duplicity of the European Central Bank when they keep saying such and such country doesn’t need a bailout and then the next week they give them billions of dollars.

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