"We are indeed now facing a systemic crisis that requires an even stronger commitment from all,"...

|By:, SA News Editor

"We are indeed now facing a systemic crisis that requires an even stronger commitment from all," says EC President Barroso, addressing EU Parliament. He promises rules allowing even greater oversight over member nations' budgets and calls for deeper economic integration (i.e. Germany effectively co-signing the continent's debt). Not gonna happen, says Kyle Bass.