Bailout Funds for Euro barely 45% of whats needed.

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A confidential American management consultancy report commissioned by the Troika shows conclusively using maths of which the awake folks are already well aware that the upcoming bailout needs are miles beyond what the total ESM/IMF/ECB funds could ever be.To quote from this report, of which I have had sight:“At a total maximum going forward of €850bn euros, the fund is, even in terms of known commitments, under 45% of what would be required to ensure the viability of the eurozone….bailout costs in 2012 we estimate to be €2.04 trillion, and these will continue to rise as long as zero sovereign intervention policy applies.”

via EXCLUSIVE: Troika continues to use flaky bonds for Greek bailout, explosive US report explains why | A diary of deception and distortion.

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