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Roads to war in Europe | 272 comments (272 topical, editorial, 0 hidden)
Re: Roads to war in Europe (4.00 / 2)
Fortunately, if the ECB refuses to do its job as lender of first and last resort to the Italian government, the Italian central bank can recover a large fraction of the exiting money simply by defaulting on its outstanding Target balances.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Mar 11th, 2013 at 03:40:43 PM EST
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Roads to war in Europe | 272 comments (272 topical, 0 editorial, 0 hidden)
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