2007 redux – The #ESBie – European “Safe Bond”- The European Commission Believes That Packaging Bonds Makes Them Safe. Notice any similarity?
The #ESBie. European "Safe Bond". The European Commission Believes That Packaging Bonds Makes Them Safe. Notice any similarity? đ¤ pic.twitter.com/0U5MdAU8B7 — Daniel Lacalle (@dlacalle_IA) May 18, 2018 #Eurobonds or #Esbie Only a bureaucrat can believe this can work. Package debt from various financially irresponsible countries into one “safe bond” through a structured product. “Only private … Read more