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Wednesday 26 October 2011

In case you have trouble sleeping Steve!

"The euro crisis is easily solved with a powerful lender of last resort.Germany
we have learned is not prepared to be this lender. Jurgen Stark, resigned from
the Executive Board of the ECB due to the controversial bond-buying
programme...blah...blah..blah.....The ECB has to be given/or take on this role of lender of last
resort and if Germany can't accede to this, then they will have to be the one
to be first to leave the single currency!?...   best gibbo."

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