Home › Forums › Financial Markets/Economics › Whoa: ECB bailout move…Significant, or more hand waving? › briansd1 wrote:The ECB action
[quote=briansd1]The ECB action is a too late. But it’s still a big boost to the market.
This is something that economists agreed the ECB should have done. Had the ECB acted earlier, Europe might have avoided recession.
We know that investors will be testing the ECB’s resolve. Let’s see how the ECB implements this new policy.
[/quote]
I can’t wait until this action fails and the Keynesians claim unlimited bond purchases wasn’t big enough.