No the obstacle to Eurozone

No the obstacle to Eurozone jointly guaranteeing Bonds is the German Taxpayer. They wont wear it. 

For far too long we have had Governments in numerous countries which have failed to control their finances properly. Gordon Brown's performance was a damn disgrace. Unless and until Governments start to live within their means we will have boubts of market turbulance. And I am afraid that for Governments to live within their means will mean that their electorates will have to grow up and understand there is no such thing as a free lunch. Someone always has to pay for it. 

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