The European Union came up with a trillion-dollar bailout for itself at the dawn’s early light yesterday. Initially, the bailout plan goosed the euro back above $1.30. But by day’s end, the euro’s value had gained almost no ground whatsoever. Hardly a resounding success on Day One of the campaign.
The European Bailout Absurdity: Money for Nothing
The European Union came up with a trillion-dollar bailout for itself at the dawn’s early light yesterday. Initially, the bailout plan goosed the euro back above $1.30. But by day’s end, the euro’s value had gained almost no ground whatsoever. Hardly a resounding success on Day One of the campaign.
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