------------------------
. Soros position is that Germans are now the only EuroZone country that can save the day.
. By lending itself to a EuroZone bond.
. Basically like acting as a guarantor or borrowing on behalf of your extended family members,
. Which appeasing your immediate family member that no harm will come to them.
. Germans are worried of Euro devaluation with the printing of extra Euro.
. Eurozone is more like "Strangers in a Bus" than "Family in the sedan"
. Soros thinks that Germans must act fast to prevent a malaise chain reaction of banks' failures.
http://blogs.reuters.com/great-debate/2011/08/12/germany-must-defend-the-euro/
No comments:
Post a Comment