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FSN: EU Budget Laugh of the Day “No One Is Discussing Quality”
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Mike Shedlock
MISH’S Global Economic Trend Analysis
For now, the EU budget talks have collapsed. One major problem is cross agendas. All 27 nations have to agree to budget changes, and disputes are many.
The BBC reports hours of hard bargaining await.
Countries that rely heavily on EU funding, including Poland and its ex-communist neighbours, want current spending levels maintained or raised.
The UK and some other net contributors say cuts have to be made. At stake are 973bn euros (£782.5bn; $1,245bn).
Continue Reading at GlobalEconomicAnalysis.Blogspot.com…
2012-11-22 23:43:18
Source: http://silveristhenew.com/2012/11/22/eu-budget-laugh-of-the-day-no-one-is-discussing-quality/
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