Comments in Eurofi Magazine
The slow path towards debt mutualization continues in Europe with De Cos call from a mutualization of the single resolution fund (SRF) reinforced by the European Stability Mechanism.
By 2030, we're going to have a full mutualization of European debt, or complete collapse of the euro and the eurozone economy, or both.
I think we're headed into an era of debt monetization and the eurozone needs to either participate or risk being left out.
