EU bailout: Rescue plan or Ponzi scheme?
Analysts wonder whether the EU should be issuing more debt to tackle the mounting debt problems on the continent
Germany, France and the three other largest top-rated euro area states may compromise their AAA grades by standing behind the debts of weaker members with their 750 billion-euro ($955 billion) stabilization fund.
The package is “a kind of Ponzi game at the highest level,” said Stefan
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