Ce que l’on conçoit bien s’énonce clairement,
Et les mots pour le dire arrivent aisément
Nicolas Boileau
May 30, 2019 • 7 tweets • 3 min read
An epic clash is brewing between Italy’s exultant Salvini and Brussels digitaledition.telegraph.co.uk/editions/editi…
“We’re not Greece,” said Claudio Borghi, Lega chairman of Italy’s house budget committee. “We are net contributors to the EU budget. We have a trade surplus and primary budget surplus. We don’t need anything from anybody. And we are in better shape than France.”
Dec 20, 2018 • 18 tweets • 8 min read
Extract of Cesifo working paper:
"Why a euro should have the same value in all bank accounts of the euro countries" 👉 € killer 💀💀💀
S💀F💀: Potential measures include absolute limits on the Target balances or collateralisation, perhaps in the form of the NCB regularly transferring gold holdings equal to the increase in the Target
balance to the ECB at the end of each year to secure the claims.