Account Quote by Paul Singer
“In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent.”
“In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent.”
![“Europe is right to tell us to reduce this [France's budget] deficit and spend less. Europe is right to demand this of us but cannot at the same time demand us to increase our dues.” quote by Nicolas Sarkozy](https://sms4smile.com/quotes/img-quotes/a09/nicolas-sarkozy-12291_budget-deficit_europe-is-right-to-tell-us-to-reduce-thi_990739.jpg)
