That $1 trillion shock and awe rescue of Greece and euro isn’t working

Yahoo chart

The euro is now less in comparison to the dollar than before the rescue and even Volcker is questioning if it can survive.

Seems to me it was just an attempt to (big surprise here) bail out big eurozone banks with have massive exposure to Greek debt rather than any effort to solve root problems or help Greece. As with here, you have banksters working in collusion with governments to buy the garbage debt of the banks. But it’s not working.


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