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| Europe |
| Bundesbank scuppers all talk of EU banking union |
| 2012-06-13 |
| Looks like the tooth fairy is not biting. Germany's central bank has shot down EU proposals for a European banking union, warning categorically that eurozone liabilities cannot be shared without a fundamental shift towards fiscal and political union. Which ain't gonna happen. |
| Posted by:tipper |
| #8 But they do become Zombie banks. |
| Posted by: Bright Pebbles 2012-06-13 18:36 |
| #7 Well EU banks don't fail. |
| Posted by: Dale 2012-06-13 14:56 |
| #6 Something like that needs some good juche wording, hows about Republic of United States of European Democracies? Euro Nation has a good fit as well. |
| Posted by: swksvolFF 2012-06-13 10:09 |
| #5 BP you are wrong and gomky is correct. The CORRECT solution is to undo the EURO the obvious solution is another power grab. It all depends on your perspective of what the goal is. For the Europhile elite across the continent, the goal is the USE under the control of the anti-democratic technocracy. |
| Posted by: AlanC 2012-06-13 09:02 |
| #4 No! The obvious solution is to undo the Euro. |
| Posted by: Bright Pebbles 2012-06-13 06:02 |
| #3 The obvious solution being to create the United States of Europe. The crisis means it's a great time for a power grab. |
| Posted by: gromky 2012-06-13 03:45 |
| #2 Can we not give them our Federal Reserve ? |
| Posted by: Besoeker 2012-06-13 03:01 |
| #1 You can not have a unified monetary policy without political union. We discovered that under the Articles of Confederation. |
| Posted by: crosspatch 2012-06-13 02:55 |