By putting up to € 300 billion of Italian bad loans on its balance sheet the ECB is losing all credibility and should be prosecuted .
The ECB should be a rules based institution and not an insolvency lawyer .
Draghi is performing an Italian Comedia Dell Arte with European taxpayers money .
Eurogroup last years made clear rules for insolvent banks.
PAR09:03:55 GMT - 02/15/2016
If Draghi announces deeper negative interest rates and more QE European bankshares will collapse again this afternoon. The Big Short .
PAR08:59:53 GMT - 02/15/2016
The ECB is in talks with the Italian government about buying bundles of bad loans as part of its asset-purchase programme and accepting them as collateral from banks in return for cash, the Italian Treasury said.
Imho this is pure fraud by Draghi & co.
PAR08:44:32 GMT - 02/15/2016
Negative interest rates are leading to deflation and economic and mental depression . In order to keep their savings intact people need to save more and spend less or spend not at all . High interest rates let people spend the interest they earned .
ECB and Draghi are voodoo economists .
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.