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ING Groep N.V. Message Board

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  • jpomper jpomper Jul 21, 2011 2:26 PM Flag

    Barron's on the EU

    This article is titled "Gloomy Forecast for Europe's Banks" is nothing more than the usual, million times repeated euroskeptic mantra.

    What would you think if some EU fund managers would repeat daily for years, that the USA has a lot of problems with their common currency called Dollar, and that say, the indebted California should leave the Dollar zone? They should go bankrupt, and all rescue efforts are doomed to fail?

    By the way, who would profit from euro and EU failure? Except a few hedge-fund managers gets richer by a few billion?
    Nobody.

    If this forecast comes true, it might start to disintegrate a major part of the Western world, destroy unimaginably huge economic, military and cultural values? And pushing Europe to a new conflicts, chaos or (god forbid, to war) again.

    Is this in the interest of Barron's readers?
    Why does Barrons give forum to this kind of self-destructive talk? Or do they just want to help this guy to make money on Europe's destruction?

 
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