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Bankia to get emergency funds by mid-September
September 4, 2012
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English: Logo of the Trademark Bankia Español: Logo de la marca Bankia (Photo credit: Wikipedia)
Bankia to get emergency funds by mid-September.
Another Euro 5bn of taxpayer funds disappearing down a black hole. The shambles that is the euro crisis lingers on and on.
The solution?
Break up the euro currency. Let diverging economies diverge again.
Nationalise the banking system, stick all the rubbish loans into a bad bank for our great great great great grandchildren to sort out.
No chance of this happening anytime soon because apparently the break up of the Euro will be a disaster for us all. Alternatively, the euro could remain and Germany could just leave?
Related articles
- Spain’s ailing banks ‘only need £79bn’ (independent.co.uk)
Categories: Banking Euro Crisis, Common Sense, Debt Crisis, It's all about money, Madness, The economy, what are the options?, Why it's all gone horribly wrong?, World Debt
Bad bank, Bank, Bankia, banking system, Black hole, emergency funds, euro, European sovereign debt crisis, Germany, Spain, taxpayer funds
simplesimon8 