France vows to strengthen German transfers.
France is a patient itself already.
Ah, and British budget deficits exceed 7% of national GDP. A new record over there. It seems switching on the money printers so far did not work, eh? But there is a globalized effect nevertheless. Flooding the market always has a devaluation effect. Thing sin strong supply and low demand are cheap, things in low supply and high demand are precious. British bonds currently are not one of the latter.
Maybe the Fed has more success with trying more of what it already has tried since years: printing money.
It's astounding - time is fleeting,
madness takes it's toll!