Re: Re: Spain must leave the Euro.

LoadingFavourite
#112468
Profile photo of angie
angie
Spectator

I think much of Spain’s borrowing will come from the EFSF which is this anomaly which means as one of the largest members of the Euro/zone Spain itself has to guarantee it’s own borrowings to a great extent, how weird is that? I can’t see how they can guarantee any member states borrowings when they are potless themselves, does this mean they just won’t repay what they borrow? Please correct if this is wrong 🙄