Cash Shock: EU forks out $1 TRILLION to curb Greek debt crisis
May 10, 2010 — The European Union has stunned the markets with a massive rescue package for the euro. It's making available more than 750 billion euros in a mix of loans and guarantees - about seven times the sum it had discussed lending to Greece last week.
http://www.fineptc.com/index.php?ref=sabear
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So after they squander all the money on their social programs and continue to deficit spend, what's next? What happens after they burn through all that cash? This bailout is foolsh. Is the goal to collapse multiple currencies at the same or something (dollar and euro)?
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