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Old 06-25-2019, 04:20 AM  
Paul Markham
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Join Date: Jun 2001
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Doing ‘whatever it takes’ to sustain the Eurozone

Doing ‘whatever it takes’ to sustain the Eurozone.

I've always said any currency has to be controlled from the centre, but in the headlong haste to get Europe into one currency that was put on the back burner. Now it's being spoken about by the top bureaucrats.

Quote:
Mario Draghi last week surprised a lot of people, including US president Donald Trump, when he hinted at further monetary easing. But the comment I considered more important was the European Central Bank president’s call for a common eurozone budget as an additional economic shock absorber.
How long before any assistance to further debt is wrapped up in surrendering the power to regulate your countries currency?

Further advances in getting power centralised in Brussels.

Don't be fooled by them voting it down now, like the Army that was never needed but now is, only time can tell.
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