Is Lagarde expecting another 1930 recession with a blow up of the all-European economy?
8 years of negative rates had only negative results and the consequences of negative rates are getting worse and worse.
Macron= Louis XIV and Lagarde = Marie Antoinette. Never seen arrogance towards European citizens.
PAR15:38:50 GMT - 07/22/2021
OPPONENTS OF THE ECB'S NEW GUIDANCE CITED THE DURATION OF THE COMMITMENT AND A LACK OF CLARITY AS REASONS FOR THEIR OPPOSITION.
*WEIDMANN, WUNSCH ARE SAID TO OPPOSE ECB'S NEW RATE GUIDANCE
ECB'S WEIDMANN AND ECB'S WUNSCH ADAMANTLY OPPOSED THE NEW GUIDANCE, BUT NUMEROUS OTHERS RAISED CONCERNS - SOURCES
PAR14:21:33 GMT - 07/22/2021
Although she denies it she was appointed by Macron to keep rates as low
as possible for as long as possible and as an excellent lawyer, she will always find a reason and explanation to keep rates negative. WHATEVER.
PAR13:17:34 GMT - 07/22/2021
Fake arguments by Lagarde if we had not done what we have done we would have had armageddon.
Who knows. Without negative interest rates, Europe would maybe be in much better shape. Who knows.
Lagarde starts to resemble Biden with her crazy explanations.
PAR12:59:34 GMT - 07/22/2021
How long will people continue to take all this unbelievable nonsense?
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