Global Security Headlines

Tuesday, June 12, 2012

#EU Dream Turns to Nightmare

 The #eurozone house of cards is quaking - again.

The $125 billion non-rescue rescue of Spanish banks is just another chapter in the eurozone thriller as worry now shifts to Italy. 

Three headlines wrap up the current eurozone crisis:

EU Floats Worst-Case Plans for Greek Euro
Worry for Italy Quickly Replaces Relief for Spain
Esta vez, Europa está de verdad al borde del precipicio
(This time Europe is truly on the precipice)

Does Germany have enough faux currency - euros - to save the faux union, EU?

Doubtful.

*** Peace through strength.

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