Thursday, March 24, 2011

Juncker Says Euro-Area Transaction Tax Is Possible, Wort Says

Article on Bloomberg:

http://www.bloomberg.com/news/2011-03-24/juncker-says-euro-area-transaction-tax-is-possible-wort-says.html

Euro-Area Transaction Tax is possible?
Sure. The flawed policies creating the Euro, a currency without economic governance, were possible.
I trust we can put another layer on top of the monster, such as a tax to pay for the Euro's weaknesses. And why not allow some members to opt out? Everything is possible, but of course.

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