uztopride Posted September 25, 2011 Share Posted September 25, 2011 Europe is working to ramp up the firepower of its bailout fund. The European Union's top economic official, Olli Rehn, said as soon as the region's governments confirm new powers for their 440-billion-euro fund, known as the EFSF, attention will turn to how to get more impact from the existing money. "We need to find a mechanism where we can turn one euro in the EFSF into five, but there is no decision on how we could do that yet," Magic trick My link Quote Link to comment Share on other sites More sharing options...
plummet expert Posted September 25, 2011 Share Posted September 25, 2011 Magic trick My link It's lost its magic for me. To think of an official going to a computer keyboard and electronically creating central bank funds....and no one calls it a fraud on the currency?! I am wrong? Well, where on earth is 440 billion Euros to come from? Any answers? If they owned this money there would be no debt crisis would there! Quote Link to comment Share on other sites More sharing options...
r * r Posted September 26, 2011 Share Posted September 26, 2011 It's lost its magic for me. To think of an official going to a computer keyboard and electronically creating central bank funds....and no one calls it a fraud on the currency?! I am wrong? Well, where on earth is 440 billion Euros to come from? Any answers? If they owned this money there would be no debt crisis would there! the nuclear solution! http://www.independent.ie/business/world/we-have-one-last-chance-to-save-global-economy-warns-geithner-2887354.html rock on! Quote Link to comment Share on other sites More sharing options...
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