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Draghi said this month could ultimately provide as much as 1 trillion euros.

Operative word: 'could'

Conspicuously omitted is the somewhat salient fact that there's next to nothing to invest in Europe in that brings the kind of 20% ROI the market craves.

That ship sailed long ago.

So keep mouthing truthy platitudes so your paymasters can cling on to their oh-so uninflated gold turds Mario, while you're at it why not add a unicorn or two as well?

Does anyone believe this claptrap any more? (Except the ones very well-paid to pretend to!).

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Tue Jul 15th, 2014 at 09:36:16 AM EST
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