European Union Bailout
Posted in EU Info on 10/06/2010 11:23 pm by admin

Why is it so hard to find politicians who understand that stimulus and bailouts don’t work?
http://www.youtube.com/watch?v=TGKkfKhbrDM
In this short video, a member of the European Union’s Parliament clearly explains why bailouts and stimulus programs don’t work.
Why is it so hard to find politicians in America who understand this and can state it as well as this guy from the People’s Republic of Europe?
It’s a clever argument, but it’s not a substitute for empirical evidence, sorry.
Dylan Ratigan on IMF/ EU Bailout
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