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A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: Not at all. (none / 1)
Well, in 2007 they were cheerleaders for the credit bubble. Still are, of course, but today the actual needs of the economy are somewhat more closely aligned with their recommendations.

A classic case of being right for all the wrong reasons, if you ask me.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Feb 24th, 2011 at 06:31:40 PM EST
[ Parent ]
Not completely (4.00 / 2)
Remember they were one of my main source for my "watch out" diaries. They had Gillian Tett writing in extensive detail on the shadow banking system and other arcane corners of the markets.

The front page and headlines were cheerleading, but the full content of the paper was much more useful.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Fri Feb 25th, 2011 at 04:11:34 AM EST
[ Parent ]

A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
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