Saturday, July 4, 2015

Greece Illustrates 150 Years Of Socialist Failure In Europe

Greece Illustrates 150 Years Of Socialist Failure In Europe - mises.org

Excerpt from this article:

"Greece cannot pay its debts ... ever. Nor can several other members of the European Union. That’s why Europe’s elite are loath to place Greece in default. If Greece is allowed to abrogate its debts, why should any of the other debtor members of the EU pay up? The financial consequences of massive default by most of the EU members is hard to predict, but it won't be pretty. Europe has built a financial house of cards, and the slightest loss of confidence will bring it crashing down."
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Speaking of  Socialist failures...


The Complete History Of The Soviet Union To The Melody Of Tetris

How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)