Can Europe Stop Bank Contagion With 50,000 Protesting The Bailout In Ireland?

Joe Weisenthal


Ireland protest

European leaders are desperate to shove billions of dollar in loans into the hands of the Irish government, not out of kindness, but to protect the Continental and UK banks that are exposed to Ireland. That much you know.

The real question is, however: Can Europe prevent the contagion with so much opposition to the bailout scheme among the public?

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