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主题：美国国债和中国外储的实质 -- SkyWalkerJ
Greece as the scapegoat. The last talk those political leaders will give you is "domestic bank capital insufficiency".
Politicians are all liars. The true problem in Europe now is capital insufficiency. What they need is American-styled bank recapitalization in late 1980s and 2008. But they dare not tell their constituents the truth.
They will get their CreditAnstalt moment again. It is sad that they repeat the same fate in 100 years.
http://www.youtube.com/watch?v=6UGDTtqklSo&feature=player_embedded
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