How to fix Europe’s Financial Crisis
It’s not complicated. It’s just unthinkable. 1) Let the banks go under if they’re bankrupt. Make their private owners take the losses. 2) Refloat the banks, this will cost a TON less than having governments pay of private losses. 3) For countries with “unsustainable” debts after doing this, roll the debts over into 100 year … Continue reading How to fix Europe’s Financial Crisis
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