Eurozone debt burden hits all-time high in Q1 - Yahoo! News

Eurozone debt burden hits all-time high in Q1 - Yahoo! News

Euro Debt is mounting because austerity does not work. The Eurozone has to grow economically or the periphery countries will have to default, putting the world in crisis again.

But stimulus like QE in the US doesn't work much because of the hoarding of commodities by Goldman Sachs and others. We know aluminum and oil are hoarding physically. Then we can add all the commodity contracts that are hoarded.

That all pushes up the price on main street for stuff made with the commodities and when main street Europe cannot afford that tax, along with all the other taxes they pay, the economies don't grow and the debt rises. 

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