The EU is in debt 17 trillion usd and over 100% of GDP. The $2 trillion will only pay the interest for 18 months. Who is going to pay for the 2 trillion? Taxpayers maybe.
They are acutally going to print 2 trillion euro or $3.5 trillion usd. That should depreciate the EURO BY 30%. They could cause a very large spike in the gold price, no wonders Greece has been buying gold.
