by mannfm11 » Tue Nov 16, 2010 5:05 am
The banks in Europe rushed into places like Ireland, Spain and Eastern Europe and made Euro loans on housing. The banks should eat their losses and go broke. The people in these countries should not be held liable for the banks blowing debt bubbles. If this goes on much longer, the world will be back in feudalism. The same is true of the US, where the banks need to be closed and reorganized under new ownership. A lot of people need to go to prison and have their ill-gotten gain taken from them.
The banks in Europe rushed into places like Ireland, Spain and Eastern Europe and made Euro loans on housing. The banks should eat their losses and go broke. The people in these countries should not be held liable for the banks blowing debt bubbles. If this goes on much longer, the world will be back in feudalism. The same is true of the US, where the banks need to be closed and reorganized under new ownership. A lot of people need to go to prison and have their ill-gotten gain taken from them.