By John Piper | Tuesday 15 October 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
There is an interesting article in yesterday's Bangkok Post pointing out that Germany has benefited from three debt write downs in the last 100 years (the Dawes Plan of 1924, the Young Plan of 1929, and the post WW2 Marshall Plan) and urging Germany to approve a EuroBond plan which would surely be a solid step in the right direction.
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