Today's Eurobank Rates Decisions: BOE Unchanged; ECB 25 Bps Hike

Tyler Durden's picture

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Ghordius's picture

Dear Trichet, I supported you until now.

You had many difficult decisions to make, and for some of them only history will show if they were correct.

Please rise the rates. Please go back to normality, slowly, all the way.

We are starting to develop cases of trench foot from all this liquidity.

equity_momo's picture

Unless they raise rates to create positive real rates , its just a dog and pony show. The system is tapped out - you will not see positive real rates again until after the systemic collapse.  And who knows what the new system will bring  , we might not even have ursury lending. That would be nice wouldnt it.

The joke is on them though = all these negative real rates and they cant muster real growth. For every % of growth they get , theyll get double it or more in inflation.  Kiss this system good bye.

entendance's picture

Jean-Claude Junker, the man who says "When it becomes serious, you have to lie", apparently has had a sudden splash of honesty, stating Greek sovereignty to be massively limited... 2011: A GLOBAL REVOLUTION IS INEVITABLE