Showing posts with label European Union. Show all posts
Showing posts with label European Union. Show all posts

Monday, November 28, 2011

Ridiculous Item of the Day

EU bans claim that water prevents dehydration

Sunday, June 19, 2011

The perils of public debt: Greece

The perils of public debt. Currently European banks are allowed to hold government debt as if it were risk free. As a result European banks hold a tremendous amount of public debt, that is why a Greek default could reek havoc on the entire European banking system