Europe's Fiscal Crisis Explained
Thursday, 3rd June 2010
Via Samizdata, a succinct analysis of the european fiscal crisis from Clarke & Dawe, Australia's version of Bird & Fortune:
Filed under: Europe (748 more articles) , Public finances (753 more articles)
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Sam Davidson
June 3rd, 2010 3:18am Report this commentHaha, that's pretty good; I'd no idea the antipodeians had such an astute understanding of the bizarrity of the EU's financial set-up. Perhaps we can all chip in the borrowed funds to fly these chaps over to Brussels (en route to Westminster)!
Naomi Muse
June 3rd, 2010 8:54am Report this commentBrilliantly clear!
The answer is to zero the loans and to do the same for the individuals as for the nations?
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