Posts Tagged ‘Antonio Borges’

Notes From Underground: LIES, DAMN LIES and THE SADISTICS OF AUSTERITY

October 5, 2011

The European problems are made from the continued deception of the policy makers that meander from crisis to crisis. Eurocrats denied that there was a sovereign credit crisis even as the BOND MARKET was aggressively selling the debt of the PIIGS. A problem in Greece when rates went above 10% on 2-year Greek Bonds? No, just some speculators moving the markets in an attempt to make a quick EURO. There are no problems in the EU. Now that the lies have given birth to a major crisis and possible global DEPRESSION, the EUROCRATS are beginning to acknowledge that something is rotten in Brussels.

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