Tag: bonnie-kristian

October 22, 2015 0

As Draghi Hints at More QE, German Bond Yields Hit Record Low Negative Yields; Economic Madness

By News Desk

Those expecting more monetary madness were rewarded today when the ECB Opens the Door to December Stimulus as expected. The European Central Bank signalled it would expand its €1.1tn quantitative easing programme in December and cut its deposit rate should the slowdown in emerging markets threaten the eurozone’s economic recovery. The euro plunged 1.67 per cent against the dollar to $1.116 after Mario Draghi, the ECB’s president, said policymakers’ measures would need to be “re-examined†in December

October 19, 2015 0

Swamped By Stupidity; Peak Merkel

By News Desk

Swamped By Stupidity; Peak Merkel Backlash against sheer stupidity is starting to build. I am talking about German Chancellor Angela Merkel’s decision to ramrod an agreement that requires EU countries to accept more alleged refugees than many countries want, and even Germany itself can handle. The backlash has finally hit Germany in a big way as was easily predictable months ago.