Community
Translating part of a Facebook note by Liisa Jaakonsaari (MEP - Finnish Social Democrat):
"The crisis in Europe is not because of EU or the Euro. Rather it can be said that EU and the euro are innocent victims. Bad guys are unregulated and irresponsible financial markets. Blaming the banks is becoming a rather worn issue and does not always hit the right target. Banks are the liver of the society - collecting the harmful residuals of economic policy - caused by for example borrowing too much. Not even an alcoholic is blaming his liver for cirrhosis"
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.