via ZH
The following chart from Ray Dalio's Bridgewater probably explains why the words "funding gap" (or "math") will never be uttered by any Eurocrat as that would mean the jig is up. It is also quite self-explanatory: it simply presents visually all that ZH and others have been saying for years.
And to think Europe already spent €2 trillion in bailout cash achieving... nothing
The following chart from Ray Dalio's Bridgewater probably explains why the words "funding gap" (or "math") will never be uttered by any Eurocrat as that would mean the jig is up. It is also quite self-explanatory: it simply presents visually all that ZH and others have been saying for years.
And to think Europe already spent €2 trillion in bailout cash achieving... nothing
Οι ιδιοι (;) σημερα δειχνουν οτι και το LTRO τελειωσε για την Ιταλια...
ReplyDeleteΗ ωρα του τελευταιου καταφυγιου ...
το είδα ;)
ReplyDeleteνομίζω οι βασικές αποφάσεις έχουν ξεκινήσει να λαμβάνονται, θα τις δούμε κι αυτές ;)