Replying to Duvel

This realisation is a very slow motion process for me. So thank you for sharing this.

What fund is this, where all the debt from individual EU states are consolidated? Is that the ESM (European Stability Mechanism) fund?
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Ghost of Truth 10mo ago

Such a debt fund would officially be in the arms of the European Commission, to which all strands of power within the European Union lead. The ECB would be responsible for keeping this debt liquid

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