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>P.S. The Germans may, at some point, prefer to bail out their banks, as there they have some capacity to draw a line and call a halt. I think Germany is lovin
by danssig 15y ago
>P.S. The Germans may, at some point, prefer to bail out their banks, as there they have some capacity to draw a line and call a halt.
I think Germany is loving this crisis. The number it's doing on the Euro has been incredible for their export economy. I suspect they'll do whatever they need to to keep this going as long as possible.
- achompas 15y agoThat's about the only benefit they're seeing, and it doesn't compensate for the risk they'll take on when (ultimately) asked to bail out a number of countries.
- davvid 15y agoGerman politicians or the German people? Last I heard the latter have not been very happy about having to bail out the entire euro sector.
- danssig 15y agoBig German businesses. I suspect that pulls in many of the politicians in as well. Of course most of the people hate it, it doesn't help them at all and their tax money is financing it.