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Message Subject
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--- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
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Poster Handle
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galdur |
Post Content
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What about Ireland or Iceland? Are they southern european countries? Common guys... What is the role of semi-peripheric economies in the European Union? High interest rates benefiting central banks. The financial system is responsible for this crisis, and unless people stand up against this crap they are going to continue this gangrape of "small" economies. I have many Portuguese friends, they are decent people and I hope they manage to overcome this situation.
Quoting: Anonymous Coward 1138910It´s mostly a question of precedence. Once one goes officially bankrupt, it will then be a question of dominoes. So, that will have to be delayed while the corporate owners of governments consolidate and try to hold the line,
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