All along the solution to the souvereign debt crisis gripping the eurozone bloc has been clear -- the introduction of an insolvency mechanism as recommended by a panel of German economists in autumn 2010. Governments which cannot afford to pay the interest payments on their national debt are insolvent. The Lisbon Treaty contains a clause prohibiting eurozone country from paying the debts of another. But European politicians have done everythin ...

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All along the solution to the souvereign debt crisis gripping the eurozone bloc has been clear -- the introduction of an insolvency mechanism as recommended by a panel of German economists in autumn 2010. Governments which cannot afford to pay the interest payments on their national debt are insolvent. The Lisbon Treaty contains a clause prohibiting eurozone country from paying the debts of another. But European politicians have done everything to bend the rules, violate the no bailout out clause and misrepresent the facts -- together with a complicit mainstream media -- in order to make available hundreds of billions of euros of tax payer's money for interest payments on the national debts of essentially insolvent countries such as Greece, Ireland and Portugal as part of a fiction that they are just illiquid.

Authors Bio:
I love socalising, meeting new people, and partying-basically having a good time.
I also love hanging out with my crazy friends! Im up for just about anything and I ll try everything once!!-(within reason haha!!).
Im a very bubbly person and im easy to get on with...but i can be sooo annoying, and could probs talk a glass eye to sleep lol, but i like to think im a very good listener, and good at giving advice!