Lol, surprise surprise, no one wants to put skin in the game, but will happily shit on Belgium
Not because they don’t want to, but because they are not legally allowed.
> This practice, called “monetary financing” by economists, is banned in EU treaties because of evidence it results in high inflation and loss of central bank credibility.
>
> The ECB said “such a proposal is not under consideration as it would likely violate EU treaty law prohibiting monetary financing”.
So they have the same issue as us really.
Kick rocks then lol
So neither the EU countries nor the ECB want to be responsible for this “loan”.But at the same time they are mad at belgium for not just running this huge risk?
Thx de wever for not giving in until belgium has guarantees.
Then the money is going nowhere. It’s easy as that. This whole debate is so retarded and honestly makes you wonder what the EU is actually representing here.
How can you ask a small county as Belgium to bear all the risks? Where is all this so called unity, we stand together bla bla bla.
Jeesh, absolutely absurd and eye opening situation.
The irony. If Belgium does this and maximum financial entropy follows. ECB and other banks, if not other EU countries will support it (cf. Greece collapsing following ‘08). So I don’t get why they wouldn’t want to install a safety net, a legal financial supportive framework that will save A LOT of money. If this goes through the ECB and other EU member states actually start a money bonfire. The Euro will plummet, Belgium will go under, Ukrain can expect even less aid, EU crisis. I mean these outcomes are even predictable for financial illiterate people.
How about we promise to keep giving Ukraine the taxes on this money and all other European countries that feel so inclined offer loans to Ukraine that they will then pay off over time with the money we give them over the next however many years. Once the risk is in their camp I wonder how they will respond 🙂
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Lol, surprise surprise, no one wants to put skin in the game, but will happily shit on Belgium
Not because they don’t want to, but because they are not legally allowed.
> This practice, called “monetary financing” by economists, is banned in EU treaties because of evidence it results in high inflation and loss of central bank credibility.
>
> The ECB said “such a proposal is not under consideration as it would likely violate EU treaty law prohibiting monetary financing”.
So they have the same issue as us really.
Kick rocks then lol
So neither the EU countries nor the ECB want to be responsible for this “loan”.But at the same time they are mad at belgium for not just running this huge risk?
Thx de wever for not giving in until belgium has guarantees.
Then the money is going nowhere. It’s easy as that. This whole debate is so retarded and honestly makes you wonder what the EU is actually representing here.
How can you ask a small county as Belgium to bear all the risks? Where is all this so called unity, we stand together bla bla bla.
Jeesh, absolutely absurd and eye opening situation.
The irony. If Belgium does this and maximum financial entropy follows. ECB and other banks, if not other EU countries will support it (cf. Greece collapsing following ‘08). So I don’t get why they wouldn’t want to install a safety net, a legal financial supportive framework that will save A LOT of money. If this goes through the ECB and other EU member states actually start a money bonfire. The Euro will plummet, Belgium will go under, Ukrain can expect even less aid, EU crisis. I mean these outcomes are even predictable for financial illiterate people.
How about we promise to keep giving Ukraine the taxes on this money and all other European countries that feel so inclined offer loans to Ukraine that they will then pay off over time with the money we give them over the next however many years. Once the risk is in their camp I wonder how they will respond 🙂
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