deposits would come flooding into Greek banks. Instead, what the bank runs in Europe expose are the unsound nature of those banking systems, the fragility of the insurer, and the government itself. Not wanting to let a good crisis go to waste, European Central Bank President Mario Draghi is urging European leaders to form a “banking union” that would include deposit insurance for depositors and “prevent failed banks
accepting the Las Vegas business-as-usual practice of kowtowing to the Culinary Union. When Adelson purchased the Sands, he inherited its union employees and didn’t A mini Las Vegas, about half the size of the Las Vegas strip in Spain for the European market,” said Adelson, speaking recently ahead of the opening of another
economy, but it has already increased diplomatic tensions with Spain and the EuropeanUnion. Mrs. Kirchner quickly ousted Sebastián Eskenazi as YPF’s chief executive,
at the Eurozone to see the consequences.” Surely the good professor doesn’t think Europe is currently on the gold standard. But assuming he equates the fiat euro with Bagus’s The Tragedy of the Euro . Bagus points out that member states of the EuropeanUnion run deficits expecting them to be financed by the ECB. So Europe has a tragedy
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