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December 2, 2019 | Legarde & Green Bonds

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

QUESTION: Marty; Why is Legarde pitching Euro Green Bonds when they lose money?

JL

ANSWER: If she can use the climate change nonsense to shame Germany into agreeing to issue Eurobonds, it would be a step to eliminate the refusal to issue a single European debt. If Legarde can sell that issue, then it will restructure Europe’s debt position.

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December 2nd, 2019

Posted In: Armstrong Economics

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