Striking Hypocrisy: Eurocrats live in bubble as people suffer debt
It's been one of the toughest weeks yet for the European Union, as markets deem Italy increasingly unfit to weather the current economic storm.Interest on Italy's debt has hit 7.8 percent - unimaginable just a few months ago, and above the level that triggered meltdowns in other Eurozone nations. The shockwave saw ratings agencies downgrade Hungary and Portugal's debt to junk status, and warn t ...
Uploaded:2011/11/27 21:10:16
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Video Source: youtube.com
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