Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#1
... some days ago Draghi said that the European Central bank would do 'whatever it takes' to save the Euro.....
Today came the big announcement with big expectations.
What does he say, the ECB 'may' buy bonds. That does not exactly inspire confidence even in those praying for the Euro's survival while the rest of us are simply not surprised.
Immediately the stock markets fell after making some early gains the FTSE at the time or writing is now about 0.5% down on the start of the day. But the dramatic response is in the rather more dour world of the bond markets and you need only see from the chart on this tweet/**** whatever it is what has happened to Italian bonds.
[URL]/photo/1[/URL]
The Eurozone must face up to what is needed, an orderly break-up of this ill-conceived currency.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#2
oh dear a linkin blip,on your link barry.
the italian bonds i brought them for 1 of your english pounds.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#3
must be that you have to be on twitter to access the link.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#4
No Howard - I picked it up via the Speccy.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#5
ahh ok its working now.
