Austria’s ÖVP Finance Minister Maria Fekter has dismissed as “nonsense” French President Francois Hollande’s call for eurobonds in a refreshing show of honesty.
http://www.reuters.com/article/2012/05/22/us-eurozone-austria-idUSBRE84L07N20120522
Fekter was rightly criticised for her tough talk about immigrants when she was Interior Minister. She surely will not be criticised for her tough talk about eurobonds by anyone who is clued in on what eurobonds really mean.
Eurobonds spell the total destruction of the value of the pensions and salaries and money of everyone in the eurozone by means of hyperinflation engineered to pay the interest on the growing national bankster debt. Read the rest of this entry »
Posted by Jane Burgermeister