Telegraph Live - Euro: Reports that Chancellor Merkel has admitted she does not have the total support of the German Parliament for transaction tax. The UK has made it clear it will block a EU transaction tax, thus will German Parliament allow German market to suffer as to help the French President get re-elected, this blog has its doubts folks. Since the US and UK are a No, it not worth the paper its written on, it’s a GLOBAL market folks, the bankers and financial institutions will just move to London or New York. The Counties that will suffer will be France and Germany, another rock in the shoe folks, Greece being a mighty stone. EU leaders will never learn, no wonder the present mess.
Monday, January 09, 2012
Transaction Tax and the Eurozone
Telegraph Live - Euro: Reports that Chancellor Merkel has admitted she does not have the total support of the German Parliament for transaction tax. The UK has made it clear it will block a EU transaction tax, thus will German Parliament allow German market to suffer as to help the French President get re-elected, this blog has its doubts folks. Since the US and UK are a No, it not worth the paper its written on, it’s a GLOBAL market folks, the bankers and financial institutions will just move to London or New York. The Counties that will suffer will be France and Germany, another rock in the shoe folks, Greece being a mighty stone. EU leaders will never learn, no wonder the present mess.
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