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European Central Bank in "panic," says former chief economist Juergen Stark

 
Anonymous Coward
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09/23/2012 10:24 PM
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European Central Bank in "panic," says former chief economist Juergen Stark
The European Central Bank is in "panic" over the eurozone crisis and acting outside its mandate with its new bond-buying plans, the bank's former chief economist said in comments published Saturday."The break came in 2010. Until then everything went well," Juergen Stark, the German who resigned from the ECB in late 2011 after criticising its earlier round of buying up of sovereign debt, told Austrian daily Die Presse in an interview. "Then the ECB began to take on a new role, to fall into panic....

[link to www.telegraph.co.uk]

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Anonymous Coward
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09/23/2012 10:39 PM
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Re: European Central Bank in "panic," says former chief economist Juergen Stark
hows it feel to be on the verge of being taken over by China?
Anonymous Coward (OP)
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09/23/2012 10:42 PM
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Re: European Central Bank in "panic," says former chief economist Juergen Stark
hows it feel to be on the verge of being taken over by China?
 Quoting: Anonymous Coward 19932676


There are other threads about that. This one is about the ECB being in panic mode.

Any comments on panic in the European Central Bank? If not, kindly go fuck yourself.
Anonymous Coward
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09/23/2012 10:44 PM
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Re: European Central Bank in "panic," says former chief economist Juergen Stark
Euro zone states are preparing to allow the bloc's permanent bailout fund to leverage its capital in the same way as its predecessor so it can reach a capacity of more than 2 trillion euros and rescue big countries if necessary, Der Spiegel said on Sunday.

[link to finance.yahoo.com]
Factual Error

User ID: 19116606
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09/23/2012 10:58 PM

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Re: European Central Bank in "panic," says former chief economist Juergen Stark
Why panic? Just print up a few trillion euros. Everything will be fine.



norespect
Not intended to be a factual statement.
Anonymous Coward
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09/23/2012 11:01 PM
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Re: European Central Bank in "panic," says former chief economist Juergen Stark
Isnt it great what the communists/muzzies are doing to the world

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