agree, market needs more liquidity and QE will do the trick :-p

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I'm rather talking about the 1 trillion bond/securities purchase program which is the major part of the current 'European' QE backed by Draghi, hope he is tough enough to put it through. However on the other hand I also understand why the German NCB doesn't like it. If simply talking about eligible bond purchase, Germany (and probably also France) is paying the bills for other European countries like Italy and Spain. Greece also wants to be involved in this program but their transactions do not even meet the eligibility criteria at this moment, so cannot be purchased by ECB.

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you remind me, west German are still paying Solidalitaetszuschla -納蘭- 給 納蘭 發送悄悄話 納蘭 的博客首頁 (573 bytes) () 04/15/2015 postreply 13:56:01

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