Tag Archives: Bundesbank : Policymakers Should Refrain From “Wild Goose Chase” Of Higher Firewalls; Merkel Warns “Limited German Resources” Sensationalist Silliness

Mish/ Mike Shedlock – Bundesbank : Policymakers Should Refrain From “Wild Goose Chase” Of Higher Firewalls; Merkel Warns “Limited German Resources” Sensationalist Silliness – 14 June 2012

Sensationalist Silliness

Several people asked me to comment on The Telegraph article Germany signals shift on €2.3 trillion redemption fund for Europe by Ambrose Evans-Pritchard.

OK. Here goes. The headline is nothing but sensationalist silliness. There is no shift, and even if there was a shift, it could not possibly come in time. Continue reading