The ECB is now officially financing insolvent states. Despite the laws for the ECB. How is that done? Very easy the ECB does not buy bonds directly of states but in a perfidiously way. As you have read yesterday the ECB lends out money to banks with 1...
Now that's a new height in fraud. The central bank are printing money as mad. Instead of letting a unsustainable system die. They inflate the money bubble again. And guess what, now the equity holders are roughly 5% richer? Really? We can assume that...
I know hardly anyone bothers and the least our public-payed TV institutions. And even less nearly any of our politicians (there are exceptions confirming the rule) You are breaking the laws you have established yourself. There is the no-bail-out clause...