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Mario Draghi's "Q€ Is Working But We Need Moar" ECB Press Conference - Live Feed
Having been unleashed for just a few weeks now, German bond yields have collapsed since Q€ began and peripheral bond risk premia have risen dramatically... but still - economic data has coincidentally improved (despite tumbling earnings expectations still) and so we are sure Mario will take a moment to reflect on the success (stocks up, yields down, Macro up) as being due to his hard work... but do not fear, there is no taper coming soon. And as far as that whole shortage thing, we are sure he will calm market fears by explaining The ECB is working on a solution...
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Where have we seen this in history before?
More and more printing of course.
Same idea, different players.
The only salvation would be to proscecute the people like Draghi, Bernanke, Evans, Dudley and the rest when people are impoverished.
Is it my imagination or does he look more reptilian each time he appears at one of these?
DavidC
These people really are honest to god self serving monsters.
He looks like his father, Lucifer!
Kyle Bass knows his shit.
He called this eons ago.