Smoke and Mirrors – Why the ECB Didn’t Really Save the World
May 12th, 2010. Published under Economic News. No Comments.
On May 10, 2010, in the early hours of the morning the news came out. The European Central Bank (ECB) and the International Monetary Fund (IMF) had established a line of credit for more than a trillion euros for countries struggling with debt. The markets went wild, and the Dow Jones Industrial Average, for example,
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Smoke and Mirrors – Why the ECB Didn’t Really Save the World