Momentum seems to be really building in regards to Euro-bonds.  I’ve said it before and I’ll say it again that this crisis will not be resolved without Euro-bonds, and/or money printing from the ECB.  Euro-bonds are the best option out there and deep down are in everybody’s interests, contingent upon there being a central governing body than can enforce fiscal and budgetary violations.  The longer Merkel and the other jawboning countries wait to move forward with a solution, the more expensive the ultimate result will be.

http://www.bloomberg.com/news/2012-05-25/merkel-may-be-persuaded-on-euro-debt-sharing-compromise.html

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