Trichet - E C B Support Temporary Not Qe

[Realistbear]

http://uk.finance.yahoo.com/news/trichet-ecb-support-temporary-not-qe-backs-recovery-reuters_molt-424d383b35b5.html?x=0

Trichet - ECB support temporary not QE, backs recovery

Marc Jones, 8:55, Saturday 13 November 2010

TUTZING, Germany (

Reuters

) - The European Central Bank's crisis support measures are temporary in nature and should not be confused with quantitative easing, European Central Bank President Jean-Claude Trichet said on Saturday.

MM-mm, yes we believe you Jean-Claude...........

[Errol]

A likely story. QE to infinity it is then.

These guys must be very silly if they expect anyone to believe them.

Edited November 13, 2010 by Errol

[Executive Sadman]

Everything is temporary, humans, the earth, the sun. Only the numbers matter.

[long time lurking]

http://uk.finance.yahoo.com/news/trichet-ecb-support-temporary-not-qe-backs-recovery-reuters_molt-424d383b35b5.html?x=0

Trichet - ECB support temporary not QE, backs recovery

Marc Jones, 8:55, Saturday 13 November 2010

TUTZING, Germany (

Reuters

) - The European Central Bank's crisis support measures are temporary in nature and should not be confused with quantitative easing, European Central Bank President Jean-Claude Trichet said on Saturday.

MM-mm, yes we believe you Jean-Claude...........

There's trouble ahead ,Ireland cap in hand ?

[numper]

A likely story. QE to infinity it is then.

These guys must be very silly if they expect anyone to believe them.

Thanks errol, wonderful animation sketch

[billybong]

Very funny (and accurate) animation.

"Did it help anybody at all?

"Yes. It helped the Goldman Sachs"

......

"Who else supports the Ben Bernanke?"

"Most economists around the world think that Quantitative Easing is very dangerous"

"Does anyone think that it is a good idea?"

"Yes the people at the Goldman Sachs".

"Is this some kind of nightmare?"

"No it is very real"

So true.

Edited November 13, 2010 by billybong