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Karl Smith on the ECB


Check out Karl Smith’s latest reporting on the ECB

If such US immigration reform succeeds it would allow millions of Europeans to flee ever rising unemployment on the continent for the prospect of a better life in the United States.

“For the past 200 years the most effective strategy at improving economic conditions for working class Europeans has been to ship them off to the United States. With our lack of action today we hope to continue that tradition” a Facebook friend of mine who is not a senior ECB official was quoted as saying.

I think 310+ million people is more than enough for this country, but open borders might be the only hope for the starving youth of Spain. Come hither my Iberian brethren! And make sure to bring your cook books and wine making knowledge.

HT: Tyler Case

Categories: Euro Zone Mess
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