September 2011
Europe: When will anyone other than the ECB start buying Europe’s debts?
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Jean-Claude Trichet: Band-Aid sticker of last resort |
And he would have looked forward to cementing the ECBs reputation as a prudent manager of interest rates, a controller of inflation, and an organization that could hold its own with the Federal Reserve.
Now, as his time as the ECBs second president comes to an end, hes become the key tool in sticking Band-Aids over the cracks in Europes financial system. Notably, hes not...