Merkelnomics - From FT contagion from Ireland hits Spanish bonds.

Boy M5

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So here's to you Mrs (Dr) Merkel.

Are you the Chancellor who delivered greater European integration, then whipped away the scaffolding of the €, to deliver the sadly missed Deutschemark back to German people?

This morning the Spanish failed to sell all the debt at the intended yields.

FT Alphaville » Spanish contagion heads for the bonds

This follows on from Saturday's FT which mapped rises in Irish bond yields to statements made by the lovely Angie.
 


MPB

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Brilliant.

This cannot happen quick enough for us, now.
 

JCR

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Must be time to cash in on the next round of short positions. Wonder how much money people think they will make by trying to break up the euro?
 

Boy M5

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Must be time to cash in on the next round of short positions. Wonder how much money people think they will make by trying to break up the euro?
More than the GDP of a mid sized South American country?
 

Partizan

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phuck it, take the money from the ECB, stash it, buy gold and silver with it and give the two fingers to Rehn & Merkel.
 

Squire Allworthy

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Merkel thinks that the Bond holders should take loss and has almost the right idea. What needs to happen is some serious QE by the ECB and a reduction in the value of the Euro coupled with a rising of inflation targets. Plus a tightening of regulation of the financial sector.

The wolves are gathering and they smell blood. May as well move before the pack gets into rhythm.
 

johnfás

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Merkel thinks that the Bond holders should take loss and has almost the right idea. What needs to happen is some serious QE by the ECB and a reduction in the value of the Euro coupled with a rising of inflation targets. Plus a tightening of regulation of the financial sector.

The wolves are gathering and they smell blood. May as well move before the pack gets into rhythm.
+1! It is time that the ECB began functioning as a central bank rather than as a glorified Bundesbank.
 
G

Gimpanzee

Merkel thinks that the Bond holders should take loss and has almost the right idea. What needs to happen is some serious QE by the ECB and a reduction in the value of the Euro coupled with a rising of inflation targets.
Can't see her going that route in a hurry though. That's just not the German way surely? Wouldn't it be more palatable to them (and France) to jettison the PIGS?
 


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