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And they are on the road selling EFSF bonds to China?
by Upstate NY on Tue Feb 14th, 2012 at 06:03:59 PM EST
[ Parent ]
They are making noises about wanting to, but I would not place any expensive bets on the Chinese buying into that particular pyramid scam. I have a hard time seeing what China would get better from that that they couldn't gain from dealing bilaterally with the countries being ECB'ed.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Feb 14th, 2012 at 06:07:07 PM EST
[ Parent ]
China is not buying.

I keep wondering whether Regling is a useful idiot or a master snake-oil salesman.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Tue Feb 14th, 2012 at 06:07:29 PM EST
[ Parent ]
True believers often make the most convincing salesmen.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Feb 15th, 2012 at 12:29:42 PM EST
[ Parent ]


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