Where do all these bailout billions keep coming from?

Where do all these bailout billions keep coming from?

Author
Discussion

Ari

Original Poster:

19,353 posts

216 months

Sunday 10th June 2012
quotequote all
So Spain now has a one hundred billion euro bailout from the "Eurozone". Thing is, I thought everyone else in the Eurozone was already up to their neck? We are, and still sinking deeper despite all the cuts.

So given the worldwide recession, where are all these billions and billions and billions being magicked up from?

Ari

Original Poster:

19,353 posts

216 months

Monday 11th June 2012
quotequote all
Then surely the concept of money is broken? If it can just be printed its meaningless as a system of exchange isn't it?