Re:Entire German bond yield curve back in sub-zero territory
by toomuchtodo on Tuesday August 03, 2021 @12:38PM
(#28051238)
Asking because I don't know: what are the odds Germany and France by way of Brussels bail those folks out?
Re:Entire German bond yield curve back in sub-zero territory
by imtringued on Tuesday August 03, 2021 @12:58PM
(#28051476)
Germany will never run an trade deficit out of a stupid sense of pride, it's completely irrational, so 99%.
Just think about it. If Greece needs x billion € to pay its debt off the most logical way to deal with the problem would be to just buy a huge amount of Greek products rather than send x billion € directly.
Depends which EU country he is living in (though he said Europe). Italy pension system is hazardous. Greece is in the EU too, by the way.