http://www.nytimes.com/2011/11/09/opinion/euro-crisiss-enabler-the-central-bank.html http://www.forbes.com/sites/investor/2011/11/08/to-save-the-euro-germany-must-print-money/ Nov. 8 (Bloomberg) -- European Central Bank Executive Board member Juergen Stark said euro-area nations need to take “bold steps” toward a fiscal union to complement the single currency. Remember though: THEY ARE ALL PERFECTLY HEDGED!!! http://www.reuters.com/article/2011/11/09/eurozone-germany-merkel-idUSL6E7M94UM20111109
“In one word, the crisis has clearly shown us that we need ‘more Europe’,” Stark said in a speech in Berlin today. “We need bold steps toward a fiscal union. We need to go beyond and create a financial union.”
http://www.businessweek.com/news/2011-11-08/ecb-s-stark-calls-for-bold-steps-toward-european-fiscal-union.html
http://www.zerohedge.com/news/italian-exposure-bank
Presenting Today's 10-Sigma Move In BTP-Bund Spreads
http://www.zerohedge.com/news/presenting-todays-10-sigma-move-btp-bund-spreads
German economists urge vast euro debt fund
http://www.ft.com/intl/cms/s/0/9305e3d0-0ad9-11e1-b9f6-00144feabdc0.html
http://tinyurl.com/cakbw65
Domestic policy 'at an end' - Merkel
Domestic is what's inside the currency area. Greece can no longer decide all by itself the issue of whether it should hold a referendum or not."
http://www.irishtimes.com/newspaper/breaking/2011/1109/breaking38.html
Wednesday, 9 November 2011
Posted by Britannia Radio at 19:47