This is why the Euro is doomed.

As a complement to my previous post  EU a stupid empire on purpose

http://www.zerohedge.com/news/spains-real-debt-gdp-right-now-1466

And then there is Greece, Ireland, Italy, Portugal, Cyprus….

Just start adding up the GIGANTIC NUMBERS and be utterly horrified!

This is the situation that politicians and the banks have put the common people of Europe in.

They are literally ruining us all. And WE have to pay the price of their folly and speculations.

And after the Spanish bailout Ireland promptly requested a renegotiation of its own terms to match those of Spain.

And in six days there is the Greece election. Alexis Tsipras, leader of Greece’s leftwing Syriza coalition of course used this bailout to strengthening his party’s position.

“What we wonder is why did Europe cave to the Spanish demands before the Greek elections. Because, paradoxically, by yielding to a bailout plan, which at least superficially has been painted as one without conditions, it just cemented Syriza’s entire electoral platform as having absolute validity.

Then again, on the insolvent continent, nothing really surprises us any more.”

And of course, none of this is covered in the mainstream media or by our “dear” politicians.

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