Tags » Mario Draghi

ANALYSIS: Why the standoff between Greece and the EU is really the first major battle in the war between Yesterday and Tomorrow

As the days drag on towards some kind of dénouement to what is rapidly becoming the silliest, longest and most empty threat of a death sentence in political history, I continue to be amazed that the Western media are reporting the Greece-eurogroupe ‘deadlock’ as if it was a purely technical matter. 1,959 more words

Mario Draghi

Top banker Mario Draghi warns of ‘uncharted waters’ for Europe if Greece unable to curb its growing debt crisis

European Central Bank President Mario Draghi urged Greece to work quickly toward an agreement with its creditors to curb a deepening financial crisis and quash doubts over its membership of the euro. 687 more words


ZeroHedge - Mario Draghi, Collateral Scarcity, And Why The ECB Will Soon Buy Corporate Bonds - 17 April 2015

While Mario Draghi was most certainly not the star of yesterday’s ECB presser, he did say something some pretty ridiculous things about bond scarcity. Here’s a rundown: 36 more words


I read the news today, oh boy!

It was not today but, yesterday, all my troubles seemed so far away, this accountant is not here to stay, I hope we fear for yesterday! 1,388 more words


Notes From Underground: Today's Surprise Announcement

It is the day before the beginning of the IMF and G20 meetings in Washington,D.C. In preparation for dissecting the communiques that will be released this weekend it is important to digest some of the key data and speeches that have forced the markets to rethink some of its previous certainties. 674 more words


Europe is a financial and political powder keg.

The ECB is bluffing a $20 trillion debt market and the Brussels apparatchiks are bluffing 300 million voters.

The EU-19 is marching toward the fiscal wall and even Germany’s surpluses cannot hide the obvious. 129 more words