not ask:
To print bonds/money...
or not to print bonds/money...
or not to print bonds/money...
that no longer is The Question.
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(Our) favorite example of this is Sweden vs. Finland.
The former (in Orange) is outside of the euro zone and can print its own money;
the latter (in green) uses the Euro and can't.
Historically, the two countries have borrowed money at roughly the same rate.
Both are considered to be stable and fiscally disciplined.
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(Our) favorite example of this is Sweden vs. Finland.
The former (in Orange) is outside of the euro zone and can print its own money;
the latter (in green) uses the Euro and can't.
Historically, the two countries have borrowed money at roughly the same rate.
Both are considered to be stable and fiscally disciplined.
---------
Investors flocked to the country that could print its own money.
This defining idea of 2011
also resulted in ultra-cheap rates in the UK, Japan, and of course the U.S
also resulted in ultra-cheap rates in the UK, Japan, and of course the U.S
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This Is Our Vote For CHART OF THE YEAR = Sweden vs Finland Bonds
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