tag:blogger.com,1999:blog-7620652438500849718.post4171934386409780160..comments2024-02-25T10:22:38.186+00:00Comments on The European Citizen: It's not a bail-out, but it might need to beEurocentrichttp://www.blogger.com/profile/09439536905456080079noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7620652438500849718.post-32942962063112854792011-04-19T09:21:52.892+01:002011-04-19T09:21:52.892+01:00If an attempt is made to bypass the ordinary inter...If an attempt is made to bypass the ordinary interest-setting mechanism, where a credit-worthy country A loans money to a basket case B, surely the markets will simply increase interest charged on loans to A. So even if B doesn't default, A pays more interest over time, which more than offsets the "profit" it appears to make at the end of the process.Anonymousnoreply@blogger.com