Page 10 - Begging Bowl News Today : Breaking News, Live Updates & Top Stories | Vimarsana

you don t solve a debt crisis by pouring more debt in it. it s like giving alcohol cannic another drink. the problem is that the debt has to be restructured. first, greece was in need of a rescue. portugal may be putting the next begging bowl. spain could follow. some creating the 16-nation euro zone was good idea. one-size-fits-all currency for countries with wildly varying characteristics. but now that it s done deal, it needs to be saved. they need to know the euro country won t go bust. ireland problems began when the property bubble burst. banks took a hit. government promised to back the bank at any price and now the government is in trouble. there have been talk to force them to create unfair advantage over other countries but u.s. warns such ....

Debt Crisis , Euro Zone , Begging Bowl , Euro Country Wont Go Bust , Property Bubble Burst , South America ,