I thought it was known to
everyone that a leveraged EFSF violates the Maastricht Treaty.
So this was an
impossible solution from the start as I pointed out a month ago and
the insurance solution is against the German constitution.
Now the press makes
this into a surprise as if no one knew.
I don’t get
it.
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Title: quote from mclaren newsletter
General Market Thoughts
Posted by morgan8 on 20th of Oct 2011 at 11:05 am
I thought it was known to everyone that a leveraged EFSF violates the Maastricht Treaty. So this was an impossible solution from the start as I pointed out a month ago and the insurance solution is against the German constitution. Now the press makes this into a surprise as if no one knew. I don’t get it.