Imagine you are the kind of person that thinks that revenue is important but that you also think that it matters where you put your money.
So you think about investing a bit of money. You see that the Spanish bonds give a lot of interest but you are afraid that Spain may have problems to apy back. Then you go to the German bonds. Unfortunately they give you a very small interest although they are safer than the Spanish bonds. Nonetheless as both bonds are in euros and the euro is in a crisis for more than one year then you think maybe about investing ouside the eurozone.
Now you imagine you are an eurozone citizen. You love Venice, you love Paris. You Berlin, you love Wien. You love Porto, you love the Greek islands. You love Amsterdam, you love Malta. You love Seville,you love Corsica. In brief, you are proud to be part of a common project in such a beautiful part of the world. Then when investing your money you would like to have a gain and at the same time to support that those beautiful cities remain to be nice places to be.
Well, then, would it not be wonderful to be able to invest in some bonds that are good for people in Lisbon, Madrid, Barcelona, Paris, Amsterdam, Brussels, Berlin, Stuttgart, Venice, Firenze, Rome, Athens, Malta and Vienna? And would it not be nice some bonds that were half range where the interest is not so low as a German bond but where the risk is not so graeat as in a peripheral bond?
WELL, THIS BOND IS CALLE DEUROBOND. IF TOMORROW THERE WERE EUROBONDS THE.CAT WOULD BE THE FIRST TO BUY! MEANWHILE I DO NOT BUY SPANISH BONDS BECAUSE THEY SEEM RISKY AND I DON’T BUY GERMAN BONDS BECAUSE THEY GIVE ME FEW GAININGS!
PLEASE, ANGELA, LET EUROPE HAVE EUROBONDS. iIF THEY ARE NOT PERFECT FOR GERMANY THEN MAKE SOME ARRANGEMENT BUT LET ME HELP EUROPE! If there were Eurobonds now I would be putting money into the European project and I could be happy. Without eurobonds the options are to risk the money or not to get gains. The eurobond would be something in th emiddle. AND GERMANY IS TOO A GREAT NATION NOT TO BE ABLE TO CONTINUE BEEN THE MOST POWERFUL NATION IN EUROPE EVEN IF IT SWITCHES TO EUROBONDS! LET THE SOUTH OF EUROPE BE AUSTERE AS THE NORTH WISHES BUT LET THE NORTH AND CENTER OF EUROPE ACCEPT EUROBONDS AS THE SOUTH WANTS. WE HAVE TO ADAPT TO NEW TIMES!
- France’s Hollande to set out eurobond plans at summit (telegraph.co.uk)
- Deputy Prime Minister Nick Clegg warned off Eurobonds in meeting with German Chancellor Angela Merkel (independent.co.uk)
- Are Eurobonds the Solution? (superbullinvestor.com)
- Just What Are Eurobonds? (news.firedoglake.com)
- Hollande to press Merkel on Eurobonds (forexlive.com)
- EUROBONDS: Your Quick Guide To The One Thing That Could Actually End The Euro Crisis (businessinsider.com)