ECB councel member foresees ‘tri-polar’ currency system
October 20, 2008 at 07:54 AM EDT
[Skip to the end] (email exchange) > > On Sun, Oct 19, 2008 at 11:06 PM, wrote: > > Sure he can say that now so long as the Fed is there to > backstop everything. These Europeans have no shame. > Right, the Eurozone is surviving on the unlimited Fed USD swap lines. That’s a complete ideological failure for the Euro members. It’s their worst nightmare- the [...]