The end-of-life processes¬†of the former Republic were accompanied by rushed late night decision-making and ill-considered legislation.¬†The death notice, issued¬†from ECB¬†President¬†Jean-Claude¬†Trichet,¬†has never¬†been¬†made public.
The zombie successor state was¬†artificially kept in an¬†animated state as a toxic repository¬†where 1% of the EUs population has¬†been assigned¬†42% of the¬†European banking debt. Tonight, this¬†European banking¬†debt is¬†poised to be¬†consolidated as sovereign debt in late-night rushed legislation, completing the end-of-life processes began in 2010.
Next week, Expressions of Interest will be sought by the ECB¬†for the right to¬†tender for the use of the space formerly occupied by the Republic of Ireland. These proposals will not be eligible for structural funding.¬†The remaining population will be infected by 42% of toxic European bank debt and its¬†half-life¬†is expected to be 20 years, with all traces gone by 2053 when the Trichet letters will finally¬†be released.
Topic: Economy, Politics
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