Tag Archives: Bit Became More Exposed To Market Fears

John Ward – Berlin In A Corner : How The Bundesbank Reduced Its Exposure To The PIIGs, Bit Became More Exposed To Market Fears – 1 March 2013

merkeschaubleWhy Germany is on the euro-hook, whatever it does

Dr Strangelove and his geliebte Fuhrerin in Berlin have been disturbingly quiet of late. When the Italians failed to elect anyone, there was a predictable unleashing of hounds from government MPs and media titles about dire consequences. But the androgynous Merkeschäuble monster remained stumm. The Slog wonders why this might be. Continue reading