09:42 6-3-2014, Mulaik, Stanley A:
> >>Frances Coppola  al magazin Forbes.
>Sra. Coppola diceva:

This is also by Frances Coppola:
http://www.pieria.co.uk/articles/the_ecb_is_irrelevant_and_the_euro_is_a_failure
I quote:
==
The latest money supply figures from the Euro area are awful.
[...]
M3 lending is particularly bad. The only components of M3 lending 
growth that are positive are residential mortgages and lending to 
governments, and those not by much:
==

So, in the view of Mrs Coppola, if only everybody (people, 
businesses, governments) borrows more and more and more, all will 
be well. Big is beautiful, more is better.

I say: a crazy idea. That is the road to bankruptcy, a road that 
the American government with its lunatic debt level, has been on 
for a long time. Clearly the Eurozone won't be able to bail out 
the USA like it did with Greece.

-- 
Ruud Harmsen, http://rudhar.com
Ressources sur interlingua: http://rudhar.com/lingtics/intrlnga.htm


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