May Concedes Negotiation Task | 54 comments (54 topical, editorial, 0 hidden)

Re: May Concedes Negotiation Task (4.00 / 3)

Then again, the Capital Requirements Regulation does treat bonds issued by all member states equally:

Art. 144.4. Exposures to Member States' central governments, and central banks denominated and funded in the domestic currency of that central government and central bank shall be assigned a risk weight of 0 %.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Fri Aug 24th, 2018 at 04:35:01 PM EST
[ Parent ]

Re: May Concedes Negotiation Task (none / 0)

But Teh Market does not.

KACHING!

Diversity is the key to economic and political evolution.

by Cat on Fri Aug 24th, 2018 at 05:22:42 PM EST
[ Parent ]

Re: May Concedes Negotiation Task (none / 1)

But we're talking about the regulatory capital charges on banks, not the market value of bond portfolios.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Fri Aug 24th, 2018 at 06:12:07 PM EST
[ Parent ]

Let's recap... (none / 0)

Some of us watch what they do, not what they say.

< wipes tears >

"What this means, I believe, is that a country with its own currency would not be subject to the kind of self-fulfilling panic that is now arguably hitting Italy."

Never. Gets. Old.

Diversity is the key to economic and political evolution.

by Cat on Fri Aug 24th, 2018 at 06:25:28 PM EST
[ Parent ]

Re: Let's recap... (4.00 / 2)

Italy does not have its own currency.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Fri Aug 24th, 2018 at 06:30:21 PM EST
[ Parent ]

Re: Let's recap... (none / 0)

The United Kingdom does.
< wipes tears >

Diversity is the key to economic and political evolution.

by Cat on Fri Aug 24th, 2018 at 08:17:58 PM EST
[ Parent ]

May Concedes Negotiation Task | 54 comments (54 topical, 0 editorial, 0 hidden)

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