ECB6 Mar 2019 17:01
Well boys, tomorrow should be quite a laugh with the ECB press conference.
Expect back tracking from Draghi, with words like "unexpectedly unforeseen, and events" to shape the coming horseshit spouted using fancy words regards the EU economy.
Expect more QE TLTRO, possible NIRP in future. Whatever he can stuff inside his bazooka. More of what didn't work in the first instance - good eh?
Bail out corporates, banks, and every Tom Dick and Harry.
In truth Mario you're fcked. Like the rest of the EU is fcked. We know there's too many believers in the system, unfortunately they're waking up to economic reality.
Producers keep producing, Inventory builds keep growing. But consumers are riddled with debt saturation.
Printing money isn't the answer, but you're a banker - the only answer you know - sigh.
When it all finally goes titsup, you can be assured there's an ESSO fuel station in Milan with your name on it - Mussolini didn't like it much.