My ...
QE3??? ..
Allora.... Gran schizzo borsistico americano per 6 mesi, (a noantri invece ci arrivano solo le briciole) e dopo aspettiamo 6 mesi per il QE4 ..
Qua da noi ... se non si decidono con gli Eurobond me sa che son gazzi amarissimi..
Esatto Nick!!!
ti quoto un abstract
Can the US Government default on its debt? The answer I come up with is: No.
There is no monetary reason at all for this to ever occur. Congress may do so out of spite, everybody at the Fed may get food poisoning and not be there to buy US Treasuries during an auction. But there is no monetary reason for the US to default on its debt.
.... I have thought long and hard about this, and this is my conclusion. So before I go on, the question I have of the group is: Does this make sense?
Moreover, any country that is the sovereign issuer of their own currency has no monetary reason to ever default. This would be notably Great Britain and Japan (more on this at a later time).
However, any of the Eurozone countries could default, since they cannot issue their own currencies. The ECB controls the currency and Eurozone members cannot create as much money as they wanted to service their debt. This means Greece, Italy, Germany, etc. all non-zero sovereign default risks.
