Tag Archives: draghi

alicia moritz dante ruffalo January 28

IOU MRS. MERKEL

The Eurobond is a form of mutualized debt subsidized by member states of the European Union. ¬†A comparison to the United States is when China buys our ‘debt’ they are actually buying bonds that are secured by the collective economic output of the 50 states. ¬†Similarly, a Eurobond is a debt instrument like U.S. bonds, […]

Dante Ruffalo

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