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  1. #1
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by drone View Post
    ECB agrees to unlimited government bond purchases


    Let the raiding of the taxpayers commence!
    Actually it's the other way round this eases taxpayers in countries where bond yields have risen very high.
    They slew him with poison afaid to meet him with the steel
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  2. #2
    Needs more flowers Moderator drone's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by gaelic cowboy View Post
    Actually it's the other way round this eases taxpayers in countries where bond yields have risen very high.
    Those taxpayers don't have much left to give. The ones in Germany, Holland, etc. are now up for their fleecing.
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  3. #3
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by drone View Post
    Those taxpayers don't have much left to give. The ones in Germany, Holland, etc. are now up for their fleecing.
    This would be a central bank scheme as a result the can create the money they need.

    people in wherever will merely see on some tv business channel that German and Italy rates are converging in about a week.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

  4. #4

    Default Re: The continuing battle against the inevitable Euro area default

    "Markets Cheer Death of the Bundesbank" - Die Welt

  5. #5
    Enlightened Despot Member Vladimir's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by SoFarSoGood View Post
    "Markets Cheer Death of the Bundesbank" - Die Welt
    So what Germany failed to achieve by force of arms they have achieved through banking?


    Reinvent the British and you get a global finance center, edible food and better service. Reinvent the French and you may just get more Germans.
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  6. #6

    Default Re: The continuing battle against the inevitable Euro area default

    Such divisive language and thoughts should be banned!

  7. #7
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by Vladimir View Post
    So what Germany failed to achieve by force of arms they have achieved through banking?
    Not really they were outvoted on the bond scheme as I said they could be a good few pages back.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

  8. #8

    Default Re: The continuing battle against the inevitable Euro area default

    Germany as the reluctant sacrifice?

    "Oh, please don't devalue the euro and make our goods even cheaper to export!!!"

    Makes me think of Snidely Whiplash and Nel.
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