The Geithner Plan to Save Europe is Not Enough
September 25, 2011 at 20:37 PM EDT
The latest initiative to save the Eurozone is the “Geithner Plan“. It would have the Eurozone leverage up the EU’s €440 billion bailout fund to €1 trillion by making it act as an insurance fund for investors buying up debt of the troubled Eurozone countries. Though big, this plan would only address the current debt [...]