Thursday, March 28, 2013

BREAKING: Bank Expropriation Already EU Draft Law

The cat is out of the bag! The Dutch FinMin and chairman of the eurogroep, @J_Dijsselbloem has spoken the truth in his controversial "Template Gate" interview with Reuters and FT. And he was backed up by the Germans, who have finally given up on the ESM which will never be enough to bail out countries of any significance. As Frau Merkel is facing re-election later this year, taxpayers are finally on the verge of revolting against bailing out of sovereign debt holders (i.e. banks).

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