Sunday, May 9, 2010
Imminent disintegration of monetary union
Europe prepares nuclear response to save monetary union
Are Europe's leaders grasping the nettle at last? Faced with the imminent disintegration of monetary union, they appear poised to create the beginnings of an EU debt union and authorize the European Central Bank to step in immediately to stabilize the eurozone bond markets.
Posted by devo @ 09:59 PM (1109 views)
5 thoughts on “Imminent disintegration of monetary union”
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devo says:
printy printy
Eternal Sceptic says:
I think perhaps it was a nettle when the problem first occurred. It has now morphed into a rampant triffid.
Crunchy says:
1. devo
Fancy a ballsy EURO/USD long? 🙂
(Posted Midnight Sunday) How serious are they. The charts say they are.
Mr Plumbase says:
The eventual backlash against the “free market” speculators could be interesting, along with the reaction to the UK’s historic and persistent blocking of financial reform.
paul says:
And all because the government loves … high house prices.