ZeroHedge published this graph from J.P. Morgan which visualizes one scenario of the future of the Eurozone in a war map.
- ECB purchases bonds in secondary market.
- EFSF expanded to 440bn Euros - expected to happen this fall.
- EFSF will lend to Spain and italy.
- Increase EFSF to 1.0-1.5 trillion.
- EU asks IMF to increase its share in the EFSF fund.
- Allow EFSF to the rated AA, to increase its lending capacity.
- Same as 4.