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Reply to: ECB Quantitative Easing, Part 2 - Banks can access up to 1 Trillion Euros

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Previously on "ECB Quantitative Easing, Part 2 - Banks can access up to 1 Trillion Euros"

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  • BrilloPad
    replied
    They are buying time in the hope a solution will come along. But they are making matters worse.

    The sooner a Euro-member electorate vote in an anti Euro government the better. Will it be France? Greece?

    Leave a comment:

  • sasguru
    started a topic ECB Quantitative Easing, Part 2 - Banks can access up to 1 Trillion Euros

    ECB Quantitative Easing, Part 2 - Banks can access up to 1 Trillion Euros

    ...However this is de-stabilising the Euro economy, since it is the financial institutions in the PIIGS that are talking most of the money.
    If (when?) a country like Greece defaults, the ECB will be left high and dry.
    Madness. Makes British QE look like a measured and sane response

    http://www.spiegel.de/international/...817730,00.html
    Tags: None

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