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Allister Heath on the Eurozone catastrophe and bailouts (10Jun12)

by admin on December 16, 2012 · 13 comments

Eurozone Bail-out

Allister Heath on the Eurozone catastrophe and bailouts (10Jun12)

Allister Heath talks about the disaster that is the Eurozone, and the bailouts that the fraudster bankers hold acquiring, while collapsing economies to give to their Cayman Islands financial institution accounts. Is there sufficient funds to bail out Spain? What is the problem, just print much more and much more, smash the currency till it’s as worthless as in Weimar Germany. The United kingdom and USA have presently proven what “quantitative easing” does to an economic system, it destroys it. Recorded from BBC Sunday Politics, ten June 2012.
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Moody&#39s downgrades eurozone bailout fund
eurozone bail-out
BERLIN Rating agency Moody&#39s Investors Services has stripped the eurozone&#39s new $ 615 billion bailout fund of a leading credit score rating. Moody&#39s announced on Friday it downgraded the lengthy-phrase financial debt rating of European Stability Mechanism (ESM) from AAA to Aa1.

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