Juncker’s 315bn EU Slush Fund is 299bn Sleight of Hand Magic

Jon Blogosphere, Geopolitics

Last week France asked for a “New Deal” with “Real Money” not fake EU promises.
France was a bit wary (and rightly so) over sleight of hand math from Jean-Claude Juncker, the new head of the European Commission.
Today we have the facts.
Juncker’s 315bn EU Slush Fund looks like this.
95% Leveraged Magic, 5% Fund

This post was published at Global Economic Analysis on November 24, 2014.