Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Because if I loan you money but ask you to collateralise it...

...it's not a loan. It's a liquidity operation.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Carrie (migeru at eurotrib dot com) on Mon Mar 12th, 2012 at 04:47:44 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series