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Spain denies seeking immediate bailout for its banking sector.

#euro   #eurocrisis   #euromaestro   #spain   #banks   #bankbailout  

The only question that remains now is how soon will Spain go public with its bailout request.

How far should we go in bailing out the banks and the financial industry ?
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tom gross's profile photoEd Ellis's profile photoRafa Él's profile photo
3 comments
 
Yeah, Right. Time to call Uncle Sugar!?
 
No more bailing out the banks.  They are not doing their job of lending capitol to businesses, they are just sitting on cash and whining about their bad loans.  Right now there are bonds being floated in Germany with negative interest rates.  In other words there is money that the bankers will pay to protect, but that they cannot seem to find a legitimate industry to help grow. 
 
Is just a matter of denying reality, or at least pretend to in front of public opinion
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