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some time ago abou the possibility of a crack-up boom. Now I'm getting more sure by the day. We are in. We have new records in the indices and still new records in unemployment and piling up debts. So I think's it can be named "classical". For me it seems we are not somewhere between...
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Obviously the ECB could not stand the misery of the FED alone. This poor guy, just think printing money will solve the problem caused by too much money. (too much cheap money indeed). And so the ECB in it's own mercy decided: "We print money also", an offered a three year long tender at...