Archives for posts with tag: MarioDraghi

MONEY BUZZ Blog Report: SOROS OFFERS GERMANY CHOICE: ABANDON AUSTERITY PROGRAM(s) or LEAVE EURO? By Ambassador Mo
Perception: Marriage or Divorce, but Sharing a Bed is No Longer Working for Eurozone? George Soros in effect projects German policy as being cause for current Eurozone economic recession & more broadly global financial crisis rather than the limping Spanish, Italian, Portuguese, Irish, Cyprus or Greek economies. –MORE–
http://diplomaticallyincorrect.org/blog_post/soros-offers-germany-choice-abandon-austerity-programs-policy-prescription-or-leave-euro/56116Image

MONEY BUZZ Blog Report: IS EUROZONE BECOMING OPIUM DEN OF AUSTERITY MORALISTS? By, Ambassador Mo
Austerity as Morality Lesson? Problem is not too few Eurozone programs in support of credit stressed member states, but are they focused on real problem – economic stagnation & sterility. The “alphabet soup” of Eurozone programs grew by one more today as ECB’s Chief Mario Draghi announced a bond purchase program & dubbed it the “MOT” (Monetary Outright Transactions).
http://diplomaticallyincorrect.org/blog_post/is-eurozone-becoming-opium-den-of-austerity-moralists/56025Image

MONEY BUZZ Blog Report: EURO DEBT PURCHASE PROGRAM? By, Ambassador Mo

Last week Chief Mario Draghi promised that the ECB would do whatever it takes to save the Euro. The capital markets reacted most ebulliently & the Euro shot up versus other currencies. However, since then, the market has reacted as if disappointed by the lack of concrete measures. –MORE–

http://diplomaticallyincorrect.org/blog_post/another-empty-promise-on-euro/55279Image

MONEY BUZZ Report: IS EURO OVERVALUED? By Ambassador Mo
 The news only seems to get worse for the Eurozone. The ECB (European Central Bank) Chief Mario Draghi just indicated that the area’s economic prospects have deteriorated recently. From Greece to Spain to the presumably more healthy economies, there is greater doubt that they will be able to meet fiscal discipline targets just adopted around the turn of the year. –More–
http://diplomaticallyincorrect.org/blog_post/is-euro-overvalued/51630Image