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QE on a massive scale?

Community Veteran
Posts: 3,826
Thanks: 44
Fixes: 1
Registered: 24-09-2008

QE on a massive scale?

To avoid a banking collapse in the EU the ECB has flooded the market with cheap money to bail out bankrupt countries. In three years when the loans are due who will bail out the ECB/EU?
http://www.telegraph.co.uk/finance/comment/damianreece/8971513/Eurozone-zombies-follow-Mario-Draghis...
The economies of the PIIGS are in a danger of going into meltdown, it's terrifying that all the bankers, (who got us into this situation in the first place), can do is to propose a solution of more of what caused the problem in the first place.
Any suggestions of what to invest in?.
2 REPLIES
Community Veteran
Posts: 5,313
Thanks: 462
Fixes: 1
Registered: 21-03-2011

Re: QE on a massive scale?

The European Banks will take the ECB money and merely make money by lending it to other Banks.
Now Zen, but a +Net residue.
Community Veteran
Posts: 3,826
Thanks: 44
Fixes: 1
Registered: 24-09-2008

Re: QE on a massive scale?

Arghhh... the benefit of “transaction based - bankers bonuses”