Results: The Euro crisis raises another flag on the stupidity of big government organizations. What do you think caused the economies of Iceland, Ireland, Greece and in short order Spain, Italy and maybe France to collapse?

Tiga profile photo
Tiga

04/29/2012

5

1721

Business
1.
1.
The Euro crisis raises another flag on the stupidity of big government organizations. What do you think caused the economies of Iceland, Ireland, Greece and in short order Spain, Italy and maybe France to collapse?
Big German banks breaking from tradition and foolishly lendng to banks in these countries
16%
278 votes
Flush with cash, big banks in these countries foolishly lending to their commercial customer base
20%
338 votes
The Governments foolishly spending the borrowings from their big banks on foolish projects
37%
631 votes
The commercial sector taking on more risk when consumer demand was not there
19%
322 votes
Other (please specify)
9%
152 votes

Comments