Monday, October 17, 2011

It's Come To Jesus Time For The EU

Drowning In Debt, EU Hits Moment Of Truth -- Breitbart/AFP

Nearly two years in, Europe's leaders bid to draw a line under the debt crisis this week and deliver a "lasting" solution to ring-fence their money and prevent EU disintegration.

The stakes are high, in the run-up to marathon Brussels talks amid global pressure to end in-fighting and avert the "scary" future US President Barack Obama fears otherwise awaits us all.

But Europe remains steadfast. "The results of the October 23 summit will be decisive," insisted French Finance Minister Francois Baroin after chairing weekend talks with G20 counterparts in Paris.

In a nutshell, the European Union must:

Read more ....

My Comment: Some are now starting to openly wonder if we are repeating history.

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