Why The Global Financial System Is Broken, Explained In Under 3 Minutes

One Response to “Why The Global Financial System Is Broken, Explained In Under 3 Minutes”

1. 

   Meco November 27, 2011 at 8:58 am #

   It would be absolutely laughable if it wasn’t so true. My game is debt collection, there should be a vast contra done between all nations which balance out the debt levels to the amount of who actually owes who. Take for instance the Spain Vs Italy example, the imbalance is 14 billion that Spain owes Italy the other 27 billion ought be written off against each other.

   I think the actual value of net debt needs to be assertained between the Euro Zone before any bailout occurs.

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