Debate House Prices


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Oil Prices and Interest Rates.....

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    Why would it have to be the ECB? Germany could do it herself.

    Because realistically Germany doesn't have the money and only the ECB can print Euro.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Generali wrote: »
    Because realistically Germany doesn't have the money and only the ECB can print Euro.

    I'd need to see the figures behind that. Not sure either way but for the moment working on the assumption that the German government could do something.

    Agree that there is no way politically that the ECB can bail out a German bank.
  • purch
    purch Posts: 9,865 Forumite
    Generali wrote: »

    If you do get converted it's fair to say that you are likely to lose a fair bit of money.

    And if you don't you probably will as well.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    michaels wrote: »
    But why are they suddenly broken now when they weren't 7 years ago?

    They were, but everyone ignored the elephant.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mwpt wrote: »
    Agree that there is no way politically that the ECB can bail out a German bank.

    In the EU "no way" normally results in a fudged solution. That doesn't break any rules.
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