NOTE TO BEARS: YOU ARE FUCKING DEAD!!!
2 Responses to The Euro Debt Crisis May Actually Be Solved
You wish.. you aren’t going to solve a social problem with more money or bailouts or austerity.
Nothing is solved.
Only delayed. What’s changed in that part of the world?
Not a damn thing except the weather.
I do not wish for anything. Kicking the can is solving the problem in our twisted society.
If the ECB can cover sovereign debt liquidity needs and manipulate yields lower over an extended period of time then we might just restore full confidence…enough for the wheels of the world economy to turn and continue the game.
That is in effect problem solved.