ECB monetizing or not ?
> > (email exchange) > > On Thu, Apr 15, 2010 at 3:29 PM, John wrote: > > Warren, I can’t tell from this article if the European
April 17, 2010
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> > (email exchange) > > On Thu, Apr 15, 2010 at 3:29 PM, John wrote: > > Warren, I can’t tell from this article if the European
This remains the tricky part, seems: Several key issues remain outstanding, however: 1. The budgetary and reform milestones which need to be cleared in order
Without an interest rate and a credible quantity pledged, the agreement is grossly deficient. The way Greece obtains funding is by offering ever higher rates
The Eurozone Solution For Greece Is A Very “Clever Bluff”? The Guardian is today reporting that, after weeks of crisis, the Eurozone has agreed to
Looks like behind the scenes they may be getting their banks to fund Greece and, by extension, any other national govt. this which will buy
I don’t think anyone thinks it would not make any difference to Greece if it was dealing in it’s own currency with the same types
[Skip to the end] They have to be very careful as all the national govts are subject to a liquidity crisis. If all the national