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here we go about 2010
here we go about 2010
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Friedrich Dominicus
Posted: Mon, Jan 3 2011 5:19 AM
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I don't know how you feel about 2010. For me it was a year which I would not have had. Especially in the EU zone all reason was put aside. The most harming things was the the safety chute for EU countries. There are two laws against that: http://dejure.org/gesetze/AEUV/125.html (don't know where an english version of it can be found) The other bigs "no-go" arrea was accepting bonds of Greek as "safety" despite a rating in the junk-bond-area. But if you see "alles heilt der Staat" (all heals the government) then it was a fantastic year. Money was printed as never before in times of peace and the debts pile up so hight that seeing the top of it is impossible. And well you know who is responsible for all this misery, the "market"....
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liberal catastrophy
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