Greyerz - European Leaders Lying, Trillions Need to Be Printed

“Spain now has over 700 billion euros of debt, and of that about 14% has been issued in the last three months. That’s over 100 billion euros of debt issued in the last three months. So Europe is hemorrhaging and Spain will be the next Greece.
The Spanish problem is a lot bigger and will be a lot worse. Spanish banks have never taken the correct provision for their property collapse...."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/28_Greyerz_-_European_Leaders_Lying,_Trillions_Need_to_Be_Printed.html