There is no bailout to be had. This crisis is being driven by injections of central bank and central government debt. There's a positive feedback mechanism in play where the more government intervenes the worse the crisis becomes.
There is no bailout to be had. This crisis is being driven by injections of central bank and central government debt. There's a positive feedback mechanism in play where the more government intervenes the worse the crisis becomes.
Madness?
This. Is. SPARTA!
(Yes, that was lame, but it had to be said!)
There is no bailout to be had. This crisis is being driven by injections of central bank and central government debt. There's a positive feedback mechanism in play where the more government intervenes the worse the crisis becomes.