The problem would never have emerged if not for the crony capital raiders. They did not exist 15 years ago, so the European nations looked forward as they all dreamed of a better future. Unfortunately for them and all of us, the raider gang does exist now, willing to destroy any nation, if they can make a fast and big profit. The result of a lack of supervision of the markets.

As Jim Sinclair has said, now the victim is Europe, the next victim is the US.

It is not something to enjoy, because it is again the non-productive sector (financial industry) robbing from and destroying the productive sectors.