EMerging Equity
Easy Money
‘Easy Money’ To Worsen Inequality In Europe – George Soros
The decision by the European Central Bank to begin €1.14 trillion quantitative easing (QE) program will eventually reinforce inequality within Europe and have serious political consequences, billionaire George Soros told RT in Davos. “Excessive reliance on monetary policy and attempts to enrich the owners of property will not relieve the downward pressure on wages,” said … Continue reading
This Is The Beginning Of The End For The Euro – OpEd
By Michael Snyder The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock. It hit an 11 year low of $1.13, and many analysts believe … Continue reading
ECB Announces Milestone €1.14trn ‘Easy Money’ Program
The European Central Bank announced it will embark on a fully-fledged quantitative easing program from March, which will break down to €60 billion per month. The move is made to counter a triple-dip recession in the eurozone. “Under this expanded program, the combined monthly purchases of public and private securities will amount to €60 billion, … Continue reading
