3 ms·
> But they aren’t really debts intended to be paid back They are intended to be equalized at some point.
by ringbugger 8y ago
> But they aren’t really debts intended to be paid back
They are intended to be equalized at some point.
- 21 8y agoThat point always being 30 years away. To me, TARGET2 is a politically acceptable way for rich euro countries (Germany) to transfer money to the poor ones (Greece), in exchange for the poor ones accepting the fact that the rich countries deciding EU policies.