Makes me wonder if China's gonna bail the U.S. out...or just take it over.
...and the best solution for most of the countries involved is to spend even more money for a Keynesian stimulative effect. Ironic, huh?
With regards to that video, I thought it was kind of like the modern day economical equivalent of Abbot and Costello's "Who's On First?"
"Where's the money going to come from for the bailout?" "That's what I'm asking you!"
Sadly, I lack the proper background and am only vaguely familiar with economics. Thus, I really can't discuss this topic properly. I think Carl Menger is an interesting fellow though.
It seems like Europe is in for a rough ordeal. I do not envy anyone who has to sort it out.
Thanks for sharing the video Unbeliever. It put a smile on my face