Episode 419 • • 33:19 - 34:22
419: Degrowth
Finland Rejects ESM Bond Purchases, Hillary Clinton Visit
Finland has rejected a proposal to use European Stability Mechanism (ESM) funds to purchase government bonds without collateral, potentially blocking the necessary ratification. The segment notes that Secretary of State Hillary Clinton is visiting Finland simultaneously. This visit is framed as a potential move to influence or disrupt the Finnish government's stance on the Eurozone rescue fund.