mercredi 25 avril 2018

ECB is always printing money and now declares that it will unleash the regulations on unreimbursed loans

We are dealing with about 750 billion €



https://www.latribune.fr/depeches/reuters/KBN1HU213/la-bce-envisage-de-renoncer-a-des-regles-sur-le-stock-de-prets-non-rembourses.html


Does it mean that ECB will write off unreimbursed loans from EU banks? But how?
Will EU banks be allowed to depose those debts at the ECB and get cash back?


Another sign of easy money:



http://www.lemonde.fr/economie-francaise/article/2018/04/24/casino-lance-les-achats-alimentaires-a-debit-differe_5289634_1656968.html 

 Money is cheap to lend; it does not cost much for now ... Neither one nor the others.
ECB is printing € and Germany is importing dollars and yen and other scriptures.

Ah, addiction to debt is at the highest when we artificially collapse the price for lending!

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