| 1 | The accounts are all in a mess. | |
| 2 | More and more loans turn sour as asset prices fall and businesses fail; | |
| 3 | He will preside over the ECB at a time of peril. Mr Trichet stretched his mandate by buying the bonds of distressed euro-zone states. | |
| 4 | So what we' re basically saying as a country is that unless the market or Mother Nature make us pay, we are going to hand this whole bill over to our children. |