@auaurelija Absolutely right ... for countries using the Euro, that is.
BOOM *PRAET SAYS SOVEREIGN DEBT IS NOT A RISK-FREE ASSET
3:40 AM - 12 Jan 2016
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@auaurelija "The-Idea-That-Must-Not-Be-Named." --What Rowling would have written if HP had had a banking theme.
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@auaurelija Problem being that all their assumptions are based on risk free sovereign debt! Peter Praet knows very well!0 retweets 0 likes -
@auaurelija As Germany, Russia, China, Argentina and countless other countries showed in the past: Sovereing debt is risky business!!!!0 retweets 0 likes -
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@auaurelija@GMarchbanks Trichet told that long time ago many times over: "There is no risk free asset"0 retweets 0 likes -
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Aurelija Augulyte
Dr NRL
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