Europe to pick up tab for boosting firewall: Reuters Breakingviews

[MrTGolden]

When so-called "solution" to today's financial woes rests on hyperinflationary liquidity provision it's time to admit the system is insolvent -- burdened with illegitimate financial claims whose effect is killing any prospect for growth. If anything, calls for such false "solution" only exposes the fact that, the bankruptcy we face is not just a financial problem, but a moral and intellectual problem as well.

[bradh716]

@MrTGolden Your last statement is on the money. The scary thing is that morality will most likely not be making a comeback.

[normalais]

@MrTGolden True true, but I don't see responsible hard working countries like Sweden in trouble. It is pretty much the lazy communism south- greece, Italy, Spain. Greeks don't work at all. Go there as a tourist- it is difficult to get lunch there, they just sit around not doing anything, expecting huge social benefits.