Markets are up.

Big mystery, the headlines are downright ugly..

In any case, we know that the ECB cannot buy these bonds indefinitely. Something has to give..

We know that Germany doesn’t want:

  • The ECB buying bonds
  • An increase in the EFSF, the European emergency fund
  • Eurobonds

The problem is, what DO they want?? How do they think to solve the crisis? We wish we had an answer to this..