Discussion in 'Economics' started by Banjo, Jan 22, 2012.
http://finance.yahoo.com/news/germany-france-seek-relaxation-bank-012425162.html?l=1
Translation = Euroland Banks are Insolvent
Well they don't have the luxury of the "Fed" to supply them with more money like here in the US.
There's no ECB?
Nutmeg is right they can't print money at the ECB.
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