ECB hauls out the bazooka: -negative interest rates tomorrow

LOL! Gotta love super Mario.

"It's completely wrong to suggest we want to expropriate savers"

"restoring sound public finance in the Euroarea" - his comments from the press conference. Hilarious! What a bunch of clowns these central bank guys are!

From a tweet I saw: "Draghi will charge the banks for the liquidity he is force feeding them"
 
Covertibility said:
2) the debt levels are growing faster than the economies themselves, if this persists into year end even with QE, LTRO or negative rates, I think something very, very bad will happen - like Gozer bad
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Interesting how you now think debt is bad. Or is it bad when it's everywhere but in the US?
 
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