The ECB is lending €489 billion to the banks. They in turn are going to lend to countries.
So, an end to high interest on bonds. Everyone's happy! Boomed!!!
(until the money has to be paid back. But by then the economies will be growing again??? )
So, an end to high interest on bonds. Everyone's happy! Boomed!!!
(until the money has to be paid back. But by then the economies will be growing again??? )
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