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Spain Needs Audacity, Not Half-Measures

Patrick Jenkins, The Financial Times | May 11, 2012

Spain must be bold in order to reestablish confidence in it banks. ++ Without healthy banks, the Spanish economy will continue downhill. ++ Current measures have been too little, too late. ++ Policymakers have been indecisive and instead of offering solutions are blaming others for unfairly targeting Spain. ++ In reality, the banks need fresh money. ++ Spain has not addressed its problems quickly enough and most likely needs European bailout money. ++ Bailouts are better than half-hearted measures.

Thu, Aug 23rd 2012, 05:03

Maria

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I like this comment! What's this?

One result of lenndig money to Foreign Banks is that the Socialist Gooberments of those countries can then draw Cash from the Banks to Prop up their Failed Systems awhile longer. This is called Redistribution of Wealth , and is the Basis of Marxist VooDoo Economics. Your Federal Tax Dollars are working Hard to ensure that the Enemies of Capitalism can keep wreaking the U.S. Economy.

Tags: | and is the Basis of Marxist VooDoo Economics. Your Federal Tax Dollars are working Hard to ensure that the Enemies of Capitalism can keep wreaking the U.S. Economy. | One result of lenndig money to Foreign Banks is that the Socialist Gooberments of those countries can then draw Cash from the Banks to Prop up their Failed Systems awhile longer. This is called Redistribution of Wealth  |

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