Markets await ECB crisis measures - RTÉ News
Quantitative Easing is on the way with only the objection from Germany standing in it's path. I would advise any readers to buy gold before your savings are totally erroded. The scale of QE that is going to have to be put in place to print Europe out of this crisis will be massive and will lead to unprecedented inflation.
It is impossible for the Euro to survive the current climate without a large scale QE programme or bankruptcies, they should have let the bad banks go. Failed business should not be bailed out by hard working taxpayers, unfortunately the politicians are saying otherwise. The result of this will be a long term disaster for the European economy as QE and Mugabe style economics take a firm grim.
I am linking some videos below that you should watch from a few commentators on Euro and how it is heading towards failure.
This blog will sometimes encourage our politicians to commit ritual disembowelment. On other occasions it will encourage our illiterate electorate to do the same.
