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IPFS News Link • Economy - International

EU Wants Own Bonds?


As my biblical namesake said: 'Thou art weighed in the balances, and art found wanting' ... The EU is now proposing to issue its own bonds, as a step towards a single euro-zone bond market. And who will be backing these bonds? Why, the already indebted national governments, several of which are struggling to pay off their own bonds. Debt is piled upon debt. – Daniel Hannan/UK Telegraph

Dominant Social Theme: We need to get serious about this project. No more freelancing. Let's issue our debt properly through one facility.