Loading ...Amusing. If Donald Trump wins, and suspends some free trade deals, the USA will be in the same situation. They’ll call him a leftist socialist for going against the global PTB.
re this part:
“the EMU will be forced to watch as one of their prized bailout “success” stories turns the corner and decides “austerity” isn’t worth the trouble.”
Comment:
A similar situation was when TPTB handed out all those sub prime loans for houses, “success” story, and Joe Sixpack decided “austerity” isn’t worth the “trouble” of paying the loan off, after prices crashed.
Now countries are starting to do the same thing. They got “poor” because of globalization, needed help, took the money and don’t pay it back, because the losses were TPTBs fault in the first place. 🙂 🙂 🙂