Euro Riot

"None of the EU policies are addressing the actual problems, which is that the growth in the peripheral countries can't possibly be robust enough to pay down these debts.

They're just kicking the can down the road and will continue to impose austerity measures on these peripheral countries. This is just going to perpetuate the current environment of unsustainable debts, failed policies and a bankrupt central government in the ECB." (Max Keiser, July 2011)