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PAR 09:27:29 GMT - 04/03/2020  
Is she going to use Soviet-style input-output models developed by the Nobel prize-winning economists Leontief or is she just going to distribute the money to her friends?

Just like doctors can't save everybody's life, governments be it federal, national or European will not be able to save all citizens and companies financially.

The market still has a role to play. Reopen the economy and those with financial reserves will survive, unemployment will come down and the economy will restart.

Mtl JP  09:13:58 GMT - 04/03/2020  
..."debt cancellation for Club Med.".. rofl

Ursula von der Leyen
Every available in the EU budget will be directed to address the #coronavirus crisis, rule will be eased to enable the funding to flow rapidly and effectively. With the new solidarity instrument, SURE, the EU will mobilise 100 bn to keep people in jobs & businesses running.

ps / suggest put on your Depends or reach for a barf bag, depending on your allegiance, before going on her twitter acct


PAR 08:52:14 GMT - 04/03/2020  
The ultimate aim of Coronabonds is debt restructuring and debt cancellation for Club Med.

Why do you think Macron insisted that Lagarde became president of the ECB while she was doing such a good job at the IMF rescuing Argentina.

swiss frank  08:44:16 GMT - 04/03/2020  
EU looking at Tuesdays meeting to finally get their act together.

EU to the rescue

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