Angela Merkel: I Do Not Like Shared Bonds and Banks

Angela Merkel made her most forceful comments yet on the possibility of Germany providing some kind of shared eurobonds and an FDIC-like guarantee for bank deposits – she said “not in my lifetime.”  That quote comes courtesy of Reuters, there is a string of comments coming from the same source as we speak.

And, well, the markets certainly didn’t love to hear that door slamming shut.

I do not like
Shared bonds and banks.

Would you like them
Here or there?

I would not like them
here or there.
I would not like them
anywhere.
I do not like
shared bonds and banks.
I do not like them,
Sir, no thanks

Would you like them
in a house?
Would you like them
with a mouse?

I could go on but, well, you get the picture.  Not happening, which kind of throws some cold water on this Friday’s eurosummit.

More to come.

Read Also:

Merkel Says No European Shared Liability As Long As She Lives (Zero Hedge)

 

 

 

 

 

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