Manuscrito de "A Hard Rain's a Gonna Fall", Bob Dylan (clicar para ampliar)
"(...) The question I’m trying to answer right now is how the final act will be played. At this point I’d guess soaring rates on Italian debt leading to a gigantic bank run, both because of solvency fears about Italian banks given a default and because of fear that Italy will end up leaving the euro. This then leads to emergency bank closing, and once that happens, a decision to drop the euro and install the new lira. Next stop, France.
It all sounds apocalyptic and unreal. But how is this situation supposed to resolve itself? The only route I see to avoid something like this involves the ECB totally changing its spots, fast.
Aside from that, Mr. Draghi, are you enjoying your new job?" (texto completo aqui)
(2011)
2 comments:
Countries would do better to cut their deficits than rely on the central bank to contain their borrowing costs, he warned. "It is pointless to think sovereign bond rates could be brought down for an extended period of time by outside interventions," said Draghi.
Mandou bem o Marinho.
O que se espera exactamente do Banco Central? Que quando qualquer irresponsável gasta mais do que pode ou tem, se vá imprimir notas frescas para o irresponsável continuar a gastar?
food for thought.
cumps
Buiça
Will think.
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