if the euro collapses?, page-44

mm, it cannot lend money via buying bonds directly but can buy on the open market. It does have the ability to buy unlimited amounts of bonds.

Clearly it has the ability but not the will. So it's going to flatten EZ interest rates, that we know, but will it shoulder those smelly and toxic bonds?

To become involved in the storage of those bonds must be a part of an overall strategy which doesn't exist. It better exist soon as markets are very nervous. This meeting on December 9 will probably be lauded as saving the EZ but it should just be a paper job with no real determination by the council to do anything that is 'political'.

Another fudge job coming:

another market bloody slice and dice assessment and we're all back where we are now.

I believe it will take a near market shut down before the EZ leaders bite the bullet

Either in a union or not. Does Germany want this badly enough. Will member states give their sovereign right to determine their national budgets independently to, basically speaking, Germany?

How desperate are EZ countries to further integrate and to give control to another?

Tough questions for sure.

Will economics triumph over nationalism?