Some attribute the late-day bounce in European equities to the ECB's Financial Stability Report...

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WMARKW Comments (8560)
 
The inevitable, inexorable slog to political unification. It may take two decades, but it will happen one inch at a time.
12 Jun 2012, 12:07 PM Reply Like

Economics Fanatic Comments (295)
 
had to happen with the amount of distrust and fear in the banking system...Target2 shows the same...http://bit.ly/KltK4R
12 Jun 2012, 12:36 PM Reply Like

Ed's perspective Comments (228)
 
Hope their deposit insurance works out better than say .... Rhode Island. <see history>

Of course no one should ask the obvious .....
WHO insures the insurers? ....... ;->
12 Jun 2012, 02:05 PM Reply Like

losbronces Comments (399)
 
They will just create more currency to cover the losses.

Monetary union cannot work in the long term without political union--EC is proving that statement true.
12 Jun 2012, 03:54 PM Reply Like