Second Euro bailout inevitable

Former Bank of England policy maker David Blanchflower recently announced that a second EU bailout package “inevitably is going to come”. My prediction from February has unfortunately come true and the Euro is in an unstoppable decline.

Furthermore we are going to face major inflationary pressures, which are going to add to our woes.
The European "lifesaver", as I call it, of $1 trillion to stop contagion from Greece is not going to last very long and the banks are going to soon face even bigger problems.

I am sure this package is going to bite us back, sooner or later....