Showing posts with label EU Bail Out. Show all posts
Showing posts with label EU Bail Out. Show all posts

Monday, 22 November 2010

Financial Illogicality

"You cannot establish sound security on borrowed money"
Unknown.
So Britain has promised Ireland "around £7bn" in addition to the money we are already contributing under the EU Bail-Out package.

As Britain is also broke, that is money that we will have had to borrow, presumably?

Sheesh!