Tag Archives: Debt Crisis : Europe’s Democracies Must Must Not Subcontract Their Destiny To The Bundesbank

Ambrose Evans-Pritchard – The Telegraph UK – Debt Crisis : Europe’s Democracies Must Not Subcontract Their Destiny To The Bundesbank 13 June 2012

Europe has lit the fuse on an economic and financial bomb. The rescue package for Spain cannot plausibly be contained to €100bn once it begins, given the subordination of private creditors and collapse of global confidence in the governing structure of monetary union. Continue reading