The Eurobond is a form of mutualized debt subsidized by member states of the European Union. A comparison to the United States is when China buys our ‘debt’ they are actually buying bonds that are secured by the collective economic output of the 50 states. 285 more words
Tags » Bundesbank
by John Rubino on February 28, 2014 · 14 comments
Only in a world totally corrupted by easy money could the following two things be announced on the same day. 859 more words
by Koos Jansen, In Gold We Trust:
Yesterday I published an interview by German newspaper Handelsblatt with Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank, that was published in english on the website of the Bundesbank regarding the progress of the German gold repatriation process. 86 more words
A One–Off Capital Levy: A Suitable Instrument For Solving National Solvency Crises Within The Current EMU Framework?
In the course of the current sovereign debt crisis, strong doubts have occasionally arisen as to whether individual euro- area member states are capable of servicing their government debt or whether they are implementing the necessary measures at the political level. 1,495 more words