Quote:
Originally Posted by Tinordi
I also support deeper fiscal EU integration through a common bond. But lets be realistic here, the Eurobond isn't an economic issue, it's a political flashpoint and not something we should be hanging our hats on while the walls come down. Sure the Eurobond is where we need to eventually go if the Euro is to have any future but in the meantime we should also be taking other contingency measures like shoring up the IMF.
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Well, while we're being realistic let's go the whole way; the issue in Europe is a political issue. There is enough money for a full bailout fund, but no one important has the political will to commit it.