Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

The common tax policy has been a proposal since at least 2011.

Germany gets about 390 billion as a grant and you pay the loan back. That's basically how it will work.

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

Thank you for making me understand why jacob rees mog moved his base from the UK to the irish EU. A shrewd businessman like him must have seen the possibilities of such a system immediately.

You being a business man yourself should take some lessons from him.

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

JRM has nothing to do with this, besides if he wanted a tax haven he would have chosen Luxembourg or Holland

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

You should know, having a flourishing business.

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

Turns out the next 7 year budget for the EU is about €2.4 Trillion. I wasn't far off

A fair chunk of that will be mutualised debt, brought about by a sweetheart deal with Germany to the tune of around €400 billion.

I wasn't far off with my figures but I was bang on about the debt mutualisation part. Next up comes the common tax policy and then germany will not only control the interest rates and interest floor in the Eurozone, it controls policy in the EU and it will then control taxation - all in favour of Germany.

I'm pretty sure that the sweetheart deal (Germany receiving nearly 50% of the first 750 billion bailout money) is also to put a lid on the German court case regarding the ECB quantitive easing "scandal" I wrote about in another thread. If this is the case, Germany will be the biggest influencer of the ECJ and control the EU from a legal standpoint as well.

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

You know my response to this mumbo jumbo: altracrepidarian!

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

As the ECB ignores Germany and pumps another €600 billion into its failing economy


This is the bit where I go "here comes debt mutualisation" and finish it off with #deflation

https://www.express.co.uk/news/world...france-germany

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

And some way into the article the former mep and economist turns out to be hans-olaf henkel, from the german afd, a very right wing party. Nice references the express finds for their news.

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

Another great move by Trump, withdrawing troops from Germany for not paying up their fare share of NATO contributions.

Happy D-Day !

https://uk.reuters.com/article/uk-us...-idUKKBN23D0KI

Re: Corona-Bonds : The Second Attempt at EU Debt Mutualisation

Yeah! Trump wants germany to increase its spending on army defence. After all, he is a dumb american. But the english have learned their lesson after having to fight the germans twice within 25 years. And on both occasions having to accept bigger countries to determine the outcome.
So bread, you will denounce this action by trump. Or do you now trust the germans with weapons in their hands?