How the euro was saved – FT

Peter Spiegel, the Financial Times’s Brussels bureau chief, recounts the moments in 2011 and 2012 when the euro came closest to collapse, and how politicians and bureaucrats battled over the solutions that eventually saved the euro.

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One Response to How the euro was saved – FT

  1. theyenguy says:

    I’ve been blogging for four years. One of the first articles I wrote was EU Finance Ministers Reach Accord For EFSF Monetary Authority To Float Eurobonds To Aid Nations In Sovereign Debt Distress, The Euro Stability Task Force, of European Finance Ministers, led by Herman Van Rompuy, president of the European Council, has reached agreement on the technical aspects of the special purpose vehicle, SPV, that would borrow up to 440 billion euros with euro zone country guarantees for euro members in trouble.

    The Euro was saved for the purpose of fully establishing and defining the investor as the centerpiece of economic activity, in debt trade investing and currency carry trade investing, so as to develop a peak moral hazard based prosperity, as well as to unite the polar opposite nordics and latins, in a regional gulag of debt servitude, which will emerge under the leadership of the soon rising Sovereign and Seignior, to be the world’s preeminent regional economically fascist and military power, as foretold in Revelation 13:1-8.

    Today’s economic backdrop features a coup in the Ukraine as Antiwar posts Ukraine Declares Eastern Govts ‘Terrorist Orgs’. And Energy Sanctions Against Russia Would Be ‘Inappropriate’, EU Says. And Russia To Ukraine: We’ll Talk Gas Discount If You Pay Off Debt.

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