Only recently, Draghi announced its 1.5 Trillion Euro Fed like quantitative easing, bond buying spree, and yet it falls below the bankers’ expectations. In fact, Denmark is now hyper-enticing the bond market by offering a subsidy to those who would buy these toxic derivatives. Continue reading Euro Free Falling; Draghi is Dragged with it→
A while ago, ECB President Mario Draghi announced that the Eurozone will print more paper money to bail itself out. This would mean that the banks will continue to circulate worthless currency to keep itself afloat while the population doing the actual hard work is deceptively compensated by it.
No wonder bank CEOs are fattened with huge bonuses even at these trying times. Continue reading A Bunch Of Criminals→