There is a ton of talk (and stronger than just talk) about bailing out Grease. Spain, Portugal, and others are in line behind Grease. There were supposed to be rules in place to handle this sort of collapse. the trouble is the rules would have been fine if someone went bust in good times. No one really planned on six or seven countries going belly up during bad times. No one thought that would be the most likely time for the shit to hit the fan.
Some in the U. K. are thanking God they are not members of the Euro. "We were right to stay out."
Some call the bail out of Grease a German financial issue. They are the one's footing the bill for the most part. If Germany were not such a juggernaut, all of Europe would be in a far worse place. When is the last time you bought something made in Germany?
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