Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Can we really look at the euro as a measure of the underlying panic? Sees to me that in the event of the euro unravelling totally over the next few years, anyone who is levered with euros in German banks runs the "risk" of having their euros converted to DM, which wouldn't be such a bad thing. In other words, it's the weaker country bondholders who should be worried. In the core, there is probably no panic.
by Upstate NY on Mon Jun 29th, 2015 at 11:49:22 AM EST
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