They have come to an agreement! They will continue to dig the hole deeper, and hope nobody notices until the next round of elections. Hopefully something good will happen by then!
- IF the problem is too much deficit spending (and it is)
- AND the solution proposed is MORE deficit spending (and it is)
- THEN the solution cannot possibly save the economy of Europe.
They are pushing closer and closer to being left with only 2 easily-made choices: Break up the Euro zone, or devolve into tyranny in an attempt to keep it together. This, by the way, because it is “politically incorrect” to allow investors in bad investments to take their medicine.