Tuesday, May 11, 2010

Euro Zone Rescued

Just finishing listening to the news how the major european countries agreed to create an emergency fund with a total of 750 BILLION EURO to assist ailing countries who are part of the "euro currency countries".

When you consider Germany must shoulder 125 BILLION EURO of the total fund, you really begin to wonder where the money is going to come from. And of course the effects it will have on investment in schools, jobs, etc. Just hope it does not backfire.

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