Dumas stated they need to get behind ESFS and focus on the STIR debt. He thought he could bluff the Bundesbank. No go.
Uh oh. Market's turning. That means the EU will spring into immediate, forceful action! Yes, you quiver just knowing what is coming. They haven't announced it yet, but you just know what will happen. !ANOTHER SUMMIT!! Yep, nothing says "We can fix the markets" like another huge emergency meeting. If meetings fix markets, WTF don't they just stay in conference forever?