What exactly is happening in the European economy at the moment – a graphical illustration

Want to know whats happening out there in the European Economy at the moment but cant make any sense of it? Take a look at this must see video by David McWilliams explaining the ECB’s massive cash for trash scheme — bailing out banks with your money. Its brilliantly illustrated and sure to appeal to our creative audience:


Big shout to Jonathan Moore at http://theinternationalperspective.wordpress.com/ for this – a brilliant blog for keeping up to date with the current affairs and macro economics of this complicated sector.

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