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May it also not be due to bank secrecy as to their obligations when their bad bets come due?

That confidence fairy has to keep spinning to stay vertical.

The real numbers would scare the people into mass panic, the Charybdis to the CD swaps' Scylla.  So Draghi's can kicking gives time for Godot to show up (and his buddies to get their cash out of Dodge).

OT, but is Trump against TTIP?

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Tue Mar 15th, 2016 at 11:29:17 PM EST
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