Hidden financial system
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Hidden financial system
I shall wear the creditors’ loathing with pride. ~~~ Yanis Varoufakis, Greece’s former finance minister
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Former ECB Chief Economist Warns "ECB Will Soon Have to Support France with Bond Purchases"

Former ECB Chief Economist Warns "ECB Will Soon Have to Support France with Bond Purchases" | Hidden financial system | Scoop.it

 

The government bond purchase program OMT should actually be used in Spain and Italy. "But the pressure will be enormous, use the instrument in France. And without that, the country must go to the rescue, "said Stark.

 

 

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Moody's: "The ECB Can Do No More Than Buy Time"

Moody's: "The ECB Can Do No More Than Buy Time" | Hidden financial system | Scoop.it

It would be odd to suggest that one of the most scathing critiques of the ECB's attempts to talk up the market on nothing but hope, promises and expectations would come from rating agency Moody's, yet that is precisely what has happened.

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Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out

Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out | Hidden financial system | Scoop.it
Forget the perfectly anticipated Greek (selective) default. This is the real deal.
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Europe Headed into Massive Collapse

Europe Headed into Massive Collapse | Hidden financial system | Scoop.it

I don't think the big money likes this market, and I think they have been slowly exiting this market, as quietly as they can.

 

The big money takes the long view. The big money tends to look out six months to a year or so, and there is something ‘out there’ that they see -- but don't like.

 

Honestly I don' know what it is, but I'm convinced that there is an ominous something out there waiting to materialize. The big money, the institutional money, doesn't want to be in this market when it materializes.

 

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