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Tag: ECB

ECB Brings European Banks to the Brink of Disaster

The European banking crisis is spreading rapidly. There are now concerns in Italy and in Portugal as well. The ECB cannot even understand why people would not want...

Draghi Has Lost It Completely

The European Central Bank (ECB) announced it will decide in the coming months whether monetary policy should be eased any further. Clearly, Draghi is completely...

The 2015.75 Crisis Moving into 2020.05

The world financial crisis that is unfolding post-2015.75 is different from that which followed the 2007.15 peak in the ECM. As stated countless times, each event...

ECB Begins Buying Corporate Bonds

The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a...

Draghi at War with Reason & Other Central Banks

Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We...

ECB & Helicopter Money

So-called helicopter money involves using a central bank’s power to create money to directly inject funds either into government coffers or straight into the...

ECB Losing Control

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight...

The ECB – A Victim of its own Ignorance?

“Rates will stay low, very low, for a long period of time and well past the horizon of our purchases,” Draghi declared. “From today’s...

Bavarian Banks Not Depositing Money at ECB

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their...

If You Cannot Tell the Truth, Hide the Truth

The motto of the ECB is plain and simple: why reform when we still have some power? Governments will fight until the last drop of blood is spilled; they assume it...