Tag Archives: germany

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, Alicia moritz March 24

HOW ABOUT TRYING SANCTIONS THAT WORK?

The EU, as a whole, imports about one third of its oil and gas from Russia making it difficult for the monetary union to back sanctions against Mr. Putin.  Further, former Eastern European countries are significantly more reliant on Russia as their fuel source with Lithuania importing over 90% of its fuel needs from the […]

Dante Ruffalo

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