F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

A small reminder

Now in Euro land there is now a defined death zones of the height of the interests governments can/must/have to pay.

This "magical" border is 7 %. Well yes that is much anyway in the 80ies to 90ies. Germany has to bear nearly 10 %. Who has cared to that time? Well Germany alone. And today this should be impossible?

Sorry, but the interest has some real meaning and if Spain, Portugal and Greece have to offer more then 7 % one can see, how "low" the trust is. But instead of accepting the inevitable, the simple rule to solve such crap. Is asking for a "safety chute". I can't tel how disgusting I find that.