Should banks pay for the Euro-crisis ?

The short answer might be «Yes !».

If the debt crisis started in Greece as legitimate concerns over the Greek ability to pay back the money it borrowed, the spread to other countries (Spain, Italy, …) is at least partly under the responsibility of financial markets trying to make easy money out of the euro by attacking the weak spots and expecting the German to foot the bill.

Regarding that, it would be normal that those assailant pay for their attacks and as a reminder not to mess with the eurozone walk away with loses. As for a porcupine, qui s’y frotte s’y pique ! 

Unfortunately, other issue like global economy stability and long-term trust into the euro get in the way of this plan to tell good riddance to the bankers….

Advertisements


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s