Skip to content

Fed loses puffery crown to ECB

March 9, 2012

Big puffed-up zombie debt bubbles in race to make biggest pop?

“The balance sheet of the euro system isn’t just gigantic in size but   also shocking in quality,” he said. [/] Unlimited lending to banks for three years has pushed the ECB’s balance sheet   to over €3 trillion (£2.5 trillion), overtaking the US Federal Reserve to   become the world’s most activist bank. http://tgr.ph/wYNeXb

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: