This chart, summarizes just how much has been injected already to preserve the Eurozone
from collapse.
This is what is known as a sunk cost and
Europe is one 'rogue' democratic vote away from an EMU exit, and thus oblivion
(or so they said last year, now everyone is prepared for a Greek departure, or
so they say now, expect for the Greeks of course - they go straight to the 10th
circle of hell and do not pass go). The truth is that by the time the status
quo finishes its extend and pretend game, which incidentally has only one real
outcome, the €2 trillion spent to date, will be orders of magnitude higher...
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