Eurozone panic is over

[MrMark]

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??? )

[sasguru]

DKUATB!.

http://forums.contractoruk.com/gener...llenges-3.html

[MrMark]

DKUATB!.

http://forums.contractoruk.com/gener...llenges-3.html

Huh? That's a thread about the UK AAA rating being under review. Not quite the same thing?

[sasguru]

Huh? That's a thread about the UK AAA rating being under review. Not quite the same thing?

Try reading the link I sent

[sasguru]

Anyway LTROs are the poor man's QE

[BrilloPad]

The markets keep deciding the panic is over - then 2 weeks later change their mind.

[sasguru]

The markets keep deciding the panic is over - then 2 weeks later change their mind.

Apparently resumed its downward march now. MArkets see that the loans are just an aspirin to deal with the pain, not a solution

[Support Monkey]

it ain't over till the fat italian banker sings

one of these countries in trouble is gonna go pop as sure as eggs is eggs

[OwlHoot]

it ain't over till the fat italian banker sings

one of these countries in trouble is gonna go pop as sure as eggs is eggs

is found dangling under Blackfriars Bridge

[BlasterBates]

Apparently resumed its downward march now. MArkets see that the loans are just an aspirin to deal with the pain, not a solution

Rather like the aspirin that Cameron proposes before he´ll forward the loans?

I like the way the argument switches, before the ECB did quantative easing; this was seen as the reason why the Euro was going to collapse, now they´re doing quantative easing, that´s not right either.

Could it be that the right solution is to get government spending down, and to use quantative easing to get over the cash flow problem?

Maybe...oh hang on, that´s what they´re doing.

Eurosceptics are in a complete muddle, all they know is they don´t want the Euro to work, because.....well because it´s there.