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Anyway, it’s liquidity full throttle in the Eurozone as well because Draghi Says ECB Will Offer More Long-Term Loans If Needed. “We are ready to use any instrument, including another LTRO if needed, to maintain the short term money markets at the level that is warranted by our assessment of inflation in the medium term,†Draghi said in response to questions from lawmakers in the European Parliament in Brussels today.
I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share.
Read More: May Be a "Grand Coalition" Nightmare After All
Read More: Working Out the Ethics of "Defence" at the London Arms Fair
Originally posted here: FDP Out; Possible CDU Outright Majority; No Grand Coalition
For the alleged reason of efficiency, Target to hire fewer seasonal holiday workers . Target (TGT) plans to hire about 70,000 seasonal workers for the holiday shopping season, down about 20 percent from a year ago. The discounter is aiming to be more efficient in its hiring practices.
See more here: Mortgage Delinquencies Hit New Record High In Spain; Builder Default Rate Hits 29%; Recovery? Really?
Read More: Scranton, Pennsylvania Careens Towards Bankruptcy; Real Whiff of Union Priorities; Reflections on Municipal Bonds
View article: Fed Bizarro World; One-Sided Risk Assessment; The $64 Trillion Question