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Actually, I am quite certain it will not work, and is in fact exactly the wrong thing to do. But let’s dig deeper into Martin Wolf’s thesis as outlined in Draghi’s Bold Promise to do What it Takes for as Long as it Takes . Wolf : Pity Mario Draghi, president of the European Central Bank.
See original article: "World Running Out of Positive-Yield Bonds"
See the original article here: China Manufacturing Flat-Lining In Slight Contraction
See the article here: "QE already Working" Says IMF Lagarde; Ho-Hum Details Announced; Gold the Place to Be
Original post: Forced Conscription: Ukraine to Mobilize 200,000 Armed Forces; Hyperinflation on the Way?
Please consider IMF Cuts Global Economic Growth Forecasts .
More here: Race for Negative 30-Year Yields Underway, Swiss In Front With 0.295%; Futility of Draghi’s Upcoming QE
See the article here: Sneakin’ In To The USA: Remake of Surfin’ USA: Remake of Sweet Little Sixteen
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Bloomberg reports Greek Banks Request Emergency Liquidity as Outflows Grow . Two Greek lenders asked to borrow from the nation’s central bank emergency line as deposit outflows already exceed 4 billion euros ($4.6 billion) this month