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brother disco stu's shocker - tuesday, page-40

  1. FinancialPanther
    86 Posts.
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    13/09/11
    16:15
    Post #: 8953905
    Caylus - how do you mean liquidity gets destroyed from the purchase of Italian and Spanish debt? It gets created doesn't it - by printing money essentially. Expanded ECB balance sheet.

    I can understand if you mean it devalues the Euro. I just dont understand your point of of it becoming the circle of death.
    XJO Value at posting: 4,074.4
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