well maybe there won't be one more fools' price dip there
pk:
"Markets clearly believe that the Europeans have found a formula that will make it possible for the ECB to step in and buy lots of Italian bonds.
I hope they’re right. "
after all his hysterics ..he hopes so ???
i suggest a mea culpa and a recheck
of his "vision thing "
reminds me of pk on commodity market dynamics
clearly he needs to reimagine "how this all fits and moves together over there
specifically who how and why
moves the markets and "makes" the policy
the ECB isn't a bunch of self apointed self purpetuating stubborn old dogmatists
hanging by a sky hook above the euro zone
armed with zeus's thunder bolt machine
nope
they are in fact embedded in the leading "private" eurobanks
they are appointed with the adive and consent of these same private banks
and at points of major decision
they take "suggestions"
specifically fom the corporate guardian class
they take em and they implement em with exacting courtesy and careful follow thru
just like bell boys at a fancy swiss hotel
after all his hysterics ..he hopes so ???
i suggest a mea culpa and a recheck
of his "vision thing "
reminds me of pk on commodity market dynamics
clearly he needs to reimagine "how this all fits and moves together over there
specifically who how and why
moves the markets and "makes" the policy
the ECB isn't a bunch of self apointed self purpetuating stubborn old dogmatists
hanging by a sky hook above the euro zone
armed with zeus's thunder bolt machine
nope
they are in fact embedded in the leading "private" eurobanks
they are appointed with the adive and consent of these same private banks
and at points of major decision
they take "suggestions"
specifically fom the corporate guardian class
they take em and they implement em with exacting courtesy and careful follow thru
just like bell boys at a fancy swiss hotel
