The bankers and politicians of Europe are as desperate as our own Ben Bernanke and his assistant, Barrack Obama. The Germans, for instance, just finished trying to sell 5 billion Euros in IOUs. Investors left more than 1 billion worth of them on the table.
(You'd think the Germans would be better at printing and peddling funny money, what with all their practice back in the good old Weimar frolic. But I digress.)
German money bosses say they'll try to sell the leftovers later, but it looks to me like the orphan Eurotoons could be destined for the "free"box at the garage sale.
Why not? They're like Bernanke bucks. Renewable biomass.