Sunday, March 24, 2013

DailyMarkets.com - Socialism Works Great Until The Money Runs Out

DailyMarkets.com - Socialism Works Great Until The Money Runs Out


Socialism Works Great Until The Money Runs Out

Posted: 24 Mar 2013 12:25 AM PDT

Margaret Thatcher…"The problem with socialism is that you eventually run out of other people’s money."

That is also the problem with continual bailouts, eventually you reach the end and have to do the right thing, pay up!

People of Cyprus comment.

COMMENTS: If Cyprus leaves the Eurozone, this would be a default, the ECB will be bust as Cyprus bonds are held by the ECB and have been used as leverage (not doubt 20 to 1). ECB will need a bailout. Germany are you still on the line, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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