July 28, 2012
Rumor has it that climate change is real
View original post here: Rumor has it that climate change is real
Hard hitting global and local news
Hard hitting global and local news
View original post here: Rumor has it that climate change is real
Please see Target2 and the ELA (Emergency Liquidity Assistance) program; Reader From Europe Asks "Can You Please Explain Target2?" for a more compete description. There is much misinformation floating around on how Target 2 works, what Germany’s liabilities are, so please click on the above link if you are interested in target 2 balances. The following chart from PIMCO article TARGET2: A Channel for Europe’s Capital Flight shows the capital flight through March