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Trichet - E C B Support Temporary Not Qe


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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........... :D

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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........... :D

There's trouble ahead ,Ireland cap in hand ?

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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 by billybong
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