“I never understand when market participants say authorities haven’t put enough money up…I don’t share the view that only the European Central Bank can solve the crisis.”-Klaus Regling, European Financial Stability Facility

The boss of the EFSF, Klaus Regling, said when you combine what has been spent, what is currently being spent, and what is about to be spent to save troubled European governments, it equals three trillion Euros (U.S.$3.9 trillion)!

This is more evidence that the economies of Europe and the United States are much worse than what we’re being told!