Memo to Mario: Dead Central Banks Don’t Have Credibility – Forbes
 Forbes |
Memo to Mario: Dead Central Banks Don't Have Credibility
Forbes Mario Draghi today uttered what I think was perhaps the most depressing sentence of the euro crisis so far. Draghi dismissed out of hand the idea that Europe's bailout fund, the European Stabilisation Mechanism, could be given a banking license that … Central Banks Deliver 45-Minute Salvo as Growth Weakens Asian Shares Drop on Central Bank Action Euro Drops, Along With Italy, Spain Bonds |
