Today on Berman’s Call: EU Summit Number 1,001…


Author Larry Berman

Posted: 25 June 2012 re-posted from etfcm

The year is 2065 and I just turned 100 years old. The latest EU summit carries the promise of a €20 trillion debt package to save the union. The can has been kick so far down the road of QE and they still don’t get it, but the problem is the alternative solution of writing the debt off (owned largely by pension funds, insurance companies, and banks) would bankrupt the world.

Watch Berman’s Call at 11:30 this morning on BNN;

 

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