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Serious risk for the European Central Bank

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    Serious risk for the European Central Bank

    The Hidden Cost of Saving the Euro: ECB's Balance Sheet Contains Massive Risks - SPIEGEL ONLINE - News - International
    Hard Brexit now!
    #prayfornodeal

    #2
    All good news for holders of very large amounts of gold and silver. i.e. moi.

    Comment


      #3
      Looking at that article it seems the ECB has half a trillion in asset-backed securities : i.e. backed up by half-finished and abandoned housing estates in Ireland, Greece, Portugal and Spain.

      Doomed I tell yer.
      Hard Brexit now!
      #prayfornodeal

      Comment


        #4
        old news 05/24/2011,

        Why post old news?
        "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

        Comment


          #5
          Originally posted by scooterscot View Post
          old news 05/24/2011,

          Why post old news?
          Because the ecoshed has run out of tissues and the porn channel is offline till Thursday.

          Comment


            #6
            Originally posted by scooterscot View Post
            old news 05/24/2011,

            Why post old news?
            Why is it old news? Has the ECB suddenly improved its position?

            Are you really as thick as you sound?
            Last edited by sasguru; 18 July 2011, 19:30.
            Hard Brexit now!
            #prayfornodeal

            Comment

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