Staring at the abiss with Paul Krugman | 235 comments (235 topical, editorial, 0 hidden)

Re: solidarity (none / 1)

Were it not for the fact that the ECB has been busy undermining the credibility of its own sovereign debt purchases.

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 Sat Mar 17th, 2012 at 07:03:51 PM EST
[ Parent ]

Re: solidarity (none / 0)

The EU is still trying to have a sovereign currency without a sovereign. Not a good mix.

by rifek on Thu Mar 22nd, 2012 at 05:34:57 PM EST
[ Parent ]

Re: solidarity (none / 0)

The ECB is the only sovereign, it just pretends that it isn't.

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 Thu Mar 22nd, 2012 at 06:03:42 PM EST
[ Parent ]

Re: solidarity (4.00 / 2)

On the contrary, it seems to rather enjoy being the sovereign. It's just an old-fashioned sort of sovereign. Specifically, the sort of which went out of style around 1792. For reasons and in ways that the ECB may yet come to experience first-hand if they persist in the destruction of European society.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Mar 22nd, 2012 at 08:47:15 PM EST
[ Parent ]

Staring at the abiss with Paul Krugman | 235 comments (235 topical, 0 editorial, 0 hidden)

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