Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Lira devaluation paradise again? Italian industrial STRENGTH, trade, 0 unemployment! and 0 debt! before 2002 at the low, low price of 10,000 to 1 USD.

It's true, Clowncil intention to help IT gov extinguish debt marinading since 121 CE was always weak. But it shouldn't be so difficult to accept that USD-denominated risk undermines these fantasies of "own currency" solvency. Interest-bearing debenture is the "enemy" in the first instance.

China Can Hold Trump's Trade War Hostage speculates that liquidity depends on parity among traders.

Diversity is the key to economic and political evolution.

by Cat on Sat Jun 2nd, 2018 at 04:01:35 PM EST
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