25-06-2020, 03:32 PM
1
The EU's New (Junk) Bond Scheme
There is an excellent article in The Spectator today from Matthew Lyn who has written a brilliant summary around the mutualised debt, junk corona-bond and solidarity issues faced by the members of the Eurozone. I've posted about these on here previously, but it's good to have this out there again, especially from a published author, financial columnist and authority on the subject.A great 5 minute read ....
https://www.spectator.co.uk/article/...id-as-it-seems
25-06-2020, 03:33 PM
2
Re: The EU's New (Junk) Bond Scheme
In, 2009/2010 saw the introduction of the great bailout project from the ECB to recover the Eurozone post the financial crisis. The ECB pledged to pump out billions and billions of Euros a month (which it did ... and still does) in order to :1. Reduce unemployment
2. Get the Economy back on track to growth
3. Prevent the members being stricken with poverty
4. Increase inflation and wages
So the big question today in view of this is ...... "has this actually worked ?"
25-06-2020, 04:22 PM
3
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Bread
->
In, 2009/2010 saw the introduction of the great bailout project from the ECB to recover the Eurozone post the financial crisis. The ECB pledged to pump out billions and billions of Euros a month (which it did ... and still does) in order to :1. Reduce unemployment
2. Get the Economy back on track to growth
3. Prevent the members being stricken with poverty
4. Increase inflation and wages
So the big question today in view of this is ...... "has this actually worked ?"
25-06-2020, 04:23 PM
4
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Bread
->
There is an excellent article in The Spectator today from Matthew Lyn who has written a brilliant summary around the mutualised debt, junk corona-bond and solidarity issues faced by the members of the Eurozone. I've posted about these on here previously, but it's good to have this out there again, especially from a published author, financial columnist and authority on the subject.A great 5 minute read ....
https://www.spectator.co.uk/article/...id-as-it-seems
25-06-2020, 05:12 PM
5
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Solasch
->
Exactly what four countries (the frugal 4) have been saying all along. Thanks four agreeing with the dutch stance on this.
Your solidarity has disappeared
25-06-2020, 05:27 PM
6
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Bread
->
Your solidarity has disappeared
I'm glad you are so interested in the EU farings you can explain all. You must love the EU.
Are you sure you voted leave? Or are you a bit of a turncoat?
25-06-2020, 07:37 PM
7
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Solasch
->
Oh, I still believe in solidarity. The dutch government (and others) is performing it's duty to the dutch people in the organisation we call EU.I'm glad you are so interested in the EU farings you can explain all. You must love the EU.
Are you sure you voted leave? Or are you a bit of a turncoat?
25-06-2020, 08:41 PM
8
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Bread
->
So your looking after yourself and throwing your poorer neighbours under the bus because you want to keep your money for yourself
are out of it!!
Christmas cant come soon enough for me!!
Donkeyman! 👍😁👍
25-06-2020, 08:48 PM
9
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Bread
->
So your looking after yourself and throwing your poorer neighbours under the bus because you want to keep your money for yourself
Oh sorry, brexit got done by boris, there is nothing for you to do anymore.
25-06-2020, 08:50 PM
10
Re: The EU's New (Junk) Bond Scheme
Originally Posted by Donkeyman
->
Im not interested what EU does or doesnt do Bread, as long as weare out of it!!
Christmas cant come soon enough for me!!
Donkeyman! 👍😁👍
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