I would also surmise that if,
I would also surmise that if, somehow, Germany would agree to this scheme that Ms. Merkel will be forced from the Chancellery... And a very strong nationalist would be immediately elected to lead...
View Article"Great indebtedness does not
"Great indebtedness does not make men grateful, but vengeful."German philosopher Friedrich Nietzsche
View ArticleWhat this boils down to is:
What this boils down to is: Germany will act in their best interest. Period.It is in their best interest to keep their banks afloat.It is in their best interest to protect their "exports".They will do...
View ArticleThe ECB doesn't even have
The ECB doesn't even have bonds yet the biggest owner of US bonds is its own central bank (FED)Dollar is the best fiat ? yeeeahh right
View ArticleIt would be like the US
It would be like the US issuing American bonds jointly with Argentina, Brazil, Peru, Colombia, Nicaragua, Honduras. and Venezuela. That will never happen.
View ArticleThe best advice I can
The best advice I can give..........http://www.utulsa.edu/law/classes/rice/constitutional/antifederalist/ant...
View ArticleDear Sovereign Governments of
Dear Sovereign Governments of the World,You can print your own government created money interest/debt free and without issuing bonds. The control of monetary policy is a most sacred institution and...
View ArticleBad example. That happened in
Bad example. That happened in the 1980's under Reagan. I can't remember what they were called but I think it was Baker Bonds....
View ArticleThe problem is that all the
The problem is that all the non-German countries incorrectly think that if they have Eurobonds, it means they will pay (low) German rates of interest for their borrowing. They are mistaken. All that...
View ArticleIt is in their best interest
It is in their best interest to keep their banks afloat.It is in their best interest to protect their "exports".Wrong on both counts. Its in the krauts best interest NOT to print money because they...
View ArticleHey Europe, if you want to be
Hey Europe, if you want to be socialist then this goes with the territory. Embrace it! Love it! Live it!
View ArticleNo it would be more like the
No it would be more like the US issuing bonds for California, Texas, Detroit, North Dakota.... wait a minute....
View ArticleEurobonds? Germany tomorrow
Eurobonds?Germany tomorrow is isssuing 5 billion euros worth of 2 year bonds at ZERO % interest.The only stronger negative response Germany can make to the Eurobonds nonsense would be to impale...
View ArticleBrady bonds. Not the same
Brady bonds. Not the same thing as Euro bonds.The US did not put its credit rating at risk. Here are the details:The principal amount was usually, but not always, collateralized by specially issued...
View ArticleNot really, as they never
Not really, as they never ruled on Eurobonds specifically, they ruled on the ESM (and that was just barely legal), although it was implied by the logic of that opinion that Eurobonds would be a...
View ArticleEurope may be more socialist
Europe may be more socialist then the US but at least they pay for everything they have, out of pocket.Europe doesn't have a trade deficit. Lets see the US do that. Its been 30+ years
View ArticleThe creditors would be
The creditors would be vengeful as well.Anybody care to guess what Euro bonds would be rated at? AAA? Not a chance.
View ArticleThe rest of the EU can push
The rest of the EU can push for it all they want, If Germany says "NIEN" then that is all she wrote....Budesbank has already said no fucking way. Saying NO, might be the only thing that saves Germany
View ArticleGermany and Austria will
Germany and Austria will leave Euro instead of trying to kick out Greece, then Spain, then Italy, then Ireland, then Portugal, then France, then....Just easier.
View ArticleWhat? I am not suggesting
What? I am not suggesting that they print money ... I'm suggesting they will cut their loses
View Articleyawning and rollin my eyes
yawning and rollin my eyes over.. going long XAU and buiyng sme land doesnt seem as a bad idea..
View ArticleOne of the big errors of
One of the big errors of ZH.Merkel is the end point of German conservatism. The parties making inroads into government of late are to her left. They would be DELIGHTED to authorize more support for...
View ArticleIt will be amusing to watch
It will be amusing to watch Uberfrau Merkel hand Hollande his head - methinks the honeymoon will be over quite soon on the Merde pair.
View ArticleGermany's cds is trading like
Germany's cds is trading like they would be likely to take a hit from subsidizing the Euro zone. If they were not...why would cds widen to 100bps recently? To me the fact that is was trading around...
View ArticleMore importantly, what will
More importantly, what will happen to Bunds when they start backing Eurobonds?
View ArticleAnd a very strong nationalist
And a very strong nationalist would be immediately elected ...Just no one in sight. So the charade will continue.
View ArticleIt is in their best interest
It is in their best interest to keep their banks afloat. It is in their best interest to protect their "exports". Wrong on both counts.Actually he is correct. Germany is shafting the workforce since...
View ArticleSorry thats what the
Sorry thats what the mainstream media here in the US would have you believe. There are plenty of skin heads in Germany, all they need is something to unit them. Look at France and LePen for an...
View ArticleThis is the end, beautiful
This is the end, beautiful friend This is the end, my only friend, the end
View ArticleThe ECB is going to print so
The ECB is going to print so much money they'll make Bernanke look like a piker. Merkle will scream and kick but in the end she will not oppose it because the one thing that she will not allow is...
View Articlefunny. all she did (or did
funny. all she did (or did not) contributed to the end of the euro. an finally to her own end, there seems to be no way out.
View ArticleIt's not the right wing
It's not the right wing Germany that scares all, it's the LEFT wing. National Socialist was left wing.
View ArticleI disagree. German isn't
I disagree. German isn't saying no. They are saying not yet.The road to Eurobonds will pass through the Budesbank setting conditions that can be just as easily fudged as the debt ratios required for...
View ArticleThe official debt:GDP ratio
The official debt:GDP ratio is over 80% (but stable)There is very little spare capacity for lending their gold card to the Greeks, Spanish et al.Already the other countries which are its main trading...
View ArticleI rather vote for outright
I rather vote for outright war than for Eurobonds! These fucking PIIGS will not destroy the future of my children!
View ArticleThere are some articles in
There are some articles in the German constitution that are protected by an 'eternity clause'. So, they can't be changed at all. Furthermore, the Court of the Constitution has made it clear numerous...
View ArticleI can't say I blame the
I can't say I blame the Germans for taking this position. It's like suddenly saying you are jointly and severally liable for the debts of everyone on your block.
View Articlefunny. what did you do so
funny. what did you do so far? how many billions of euros went to the banks? ;-)
View Articlesure, but eu and euro are
sure, but eu and euro are still politically wanted. to be consequent, one also has to implement common fiscal instruments for a common currency. if you do not want this, you have to quit at least the...
View ArticleIt was in the St*rs for
It was in the St*rs for Chelsea to win the 2012 Champions League... They survived a second half down 10 men - to Barcelona - who was also awarded a penalty - that Messi missed... and survived 45...
View ArticleAs a number of ZH pieces have
As a number of ZH pieces have pointed out, Germany is itself, rather dishonestly deep into this dirty game and quite vulnerable. Germany has to pay and print and inflate, or else get hit by a runaway...
View ArticleYou really have to tip your
You really have to tip your hat to these ponzinomists. They seem to have an unlimited amount of acronyms to use to pass on unlimited debt to us muppets.
View Articlepertinent issues to consider
pertinent issues to consider along with eurobonds --- priceless#5 & #11 / 16:-))
View ArticleThe only reason why the US
The only reason why the US and UK is pushing for Eurobonds is their need to move all these newly printed and freely given out Dollars and Pounds into Europe, in order to receive hard Eurobonds in...
View ArticleIn many canvas Supra Vaider
In many canvas Supra Vaider suede adoptions this summer. Cool and most of their repertoire is supra Vulk low, invest social supra NS, comfort and durability, high-performance boot style supra Skytop...
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