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The Eu is Falling Apart! Why?

Rant
Posts: 1,674
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1/24/2015 1:52:31 PM
Posted: 1 year ago
The Ten kings must come out of her, The European Central Bank (ECB) has announced a massive money printing program, in an attempt to drag itself out of the economic quagmire it has been stuck in since the European debt crisis struck in 2009.
The "quantitative easing" (QE) program will begin in March, and involves the printing of more than "1 trillion (A$1.4 trillion) over the next 20 months, which will go into the purchase of European government bonds, at a rate of "60 billion a month.
The ECB hopes that by increasing the amount of money in the market, this will push down the value of the euro.
The result should be that exports become cheaper, and that households, businesses and governments spend more, thus stimulating growth
Rant
Posts: 1,674
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1/24/2015 2:06:23 PM
Posted: 1 year ago
NO! I see you have no Idea what the ten mean. Enjoy or the troubles that the Eu is having and what will become of its troubles. Enjoy