Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
in a default scenario. If I have understood correctly, they are US banks, who must somehow trust implicitly that the ECB will not allow default. Or that the US government or Fed will not allow the ECB to allow default?

My head hurts.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Thu Jun 16th, 2011 at 06:53:19 AM EST
[ Parent ]

Others have rated this comment as follows:

melo 4

Display:

Occasional Series

24 July 2014
by dvx - Jul 23
59 comments