tag:blogger.com,1999:blog-6784487043320053296.post79021183520212996..comments2023-09-18T11:56:33.235+01:00Comments on Geckko's World: Thoughts on sovereign bonds #2Geckkohttp://www.blogger.com/profile/08622738390027791575noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6784487043320053296.post-45649910991300116062010-10-07T15:02:10.449+01:002010-10-07T15:02:10.449+01:00Geckko,
Nice post. I am surprised at how few peop...Geckko,<br /><br />Nice post. I am surprised at how few people realise what the logical outcome of this crises is - <br /><br />Euro disintegration<br />or<br />Fiscal union<br /><br />DMcW talks of Ireland leaving the Euro. Much more likely the sugar daddy leaves, Germany. <br />More likely however is fiscal union. EU budgets, EU tax, EU bonds. Question then arises as to accountability, again with a logical conclusion of an EU state. Of course, this may not be politically acceptable, which may kick us back to option 1.Unknownhttps://www.blogger.com/profile/17645162414530948285noreply@blogger.com