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:
Not if the way the €-Mark falls apart is by ejecting the internal deficit countries one by one. Bailouts will then be decided on a case by case basis. Which means that what matters is how on how tight your political connections are to the CDU and the Quisling wing of the SPD.

Clearly, a number of bondholders view themselves as quite secure on that count. They may end up being surprised, of course, but by then the rest of us will be too busy trying to keep our heads above water to have much fun pointing and laughing.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Aug 12th, 2011 at 09:35:43 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Grexit and Propaganda

by Metatone - Jun 29
45 comments

Ready for tomorrow?

by Luis de Sousa - Jun 28
20 comments

Iron Curtain Mark 2

by DoDo - Jun 23
22 comments

End game for Greece?

by Frank Schnittger - Jun 20
352 comments

Welcome to post racial America*

by melvin - Jun 15
60 comments

EU 2014 Greenhouse Gas Emissions

by gmoke - Jun 23
3 comments

On the RhB 4: short lines

by DoDo - Jun 21
4 comments

Recent Diaries

Grexit and Propaganda

by Metatone - Jun 29
45 comments

Ready for tomorrow?

by Luis de Sousa - Jun 28
20 comments

Yap essence of money

by das monde - Jun 26
19 comments

Iron Curtain Mark 2

by DoDo - Jun 23
22 comments

On the RhB 4: short lines

by DoDo - Jun 21
4 comments

End game for Greece?

by Frank Schnittger - Jun 20
352 comments

Welcome to post racial America*

by melvin - Jun 15
60 comments

More Diaries...

Occasional Series