Did the ECB spend $1 trillion on the European bailout? Has the Ecb lost it's mind?

No. The ECB members just promised to put up a trillion Euro into something like a line of credit that is available to any member that needs it. Providing that member does what is necessary to be fiscally solvent.

The best description of this I have heard so far is "kicking the can down the road". They still have some issues with some countries spending too much like Greece, Spain, and Portugal. While the Euro has benefited the Union well, one can only wonder how long Germany and France will have patience with the big spenders.It's kind of like bailing out family that have spent themselves in a hole.

You will only do it for so long.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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