Like trying to prop up the Euro - they only gave hedge funds a temporary rally to short into.
And why should taxpayers money be burned up in this way? So the current politicians can look good, and kick the can further down the road to those who will come after them - just like what has been done to the current regimes.
But the day of reckoning was years away. Then months away. Now it's days away with all of Europe holding the questionable paper of its neighbors. (By the way, this is how World War I started - irreversable, unlockable relationships).
http://mises.org/daily/4424
And why should taxpayers money be burned up in this way? So the current politicians can look good, and kick the can further down the road to those who will come after them - just like what has been done to the current regimes.
But the day of reckoning was years away. Then months away. Now it's days away with all of Europe holding the questionable paper of its neighbors. (By the way, this is how World War I started - irreversable, unlockable relationships).
http://mises.org/daily/4424
