Submitted by Phoenix Capital... on 04/24/2012 - 11:57
B+ Creditors default Germany Greece Italy Nicolas Sarkozy
On that note, I fully believe the EU in its current form is in its final chapters. Whether it’s through Spain imploding or Germany ultimately pulling out of the Euro, we’ve now reached the point of no return: the problems facing the EU (Spain and Italy) are too large to be bailed out. There simply aren’t any funds or entities large enough to handle these issues.