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Legarde & Green Bonds

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


Green Bond 300x200

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.