- Barroso: ECB is taking decisive action, and EZ is at critical juncture but is addressing problems
- Van Rompuy: Do not underestimate strong political incentive to keep EZ intact
I personally really do hope that the EZ countries can get their debt issues under some sort of control but I just don’t see where the money is going to come from? The situation is exactly the same in the US, another country with no hope of ever repaying its debts. There’s always lots of talks and lots of meetings, but too many people have lived too far beyond their means for way too long and until this massive imbalance starts to be addressed, I just don’t see how our financial systems can start recovering.