Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Should have quoted:

If it were to signal that it was no longer willing to accommodate debt-based stimulus, then buying US treasuries would suddenly become dangerous.

There still wouldn't be an asset that is inherently safer than treasuries. In Europe you could rank national debt after how credible the non backing by the ECB was.

by generic on Thu Mar 14th, 2013 at 01:34:19 PM EST
[ Parent ]

Others have rated this comment as follows:

JakeS 4


Occasional Series