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ECB to Announce Surprise QE?
European Central bank president Mario Draghi made waves last year when he made the promise “to do whatever it takes” to keep the Euro together. In my opinion, this comment means simply that he will...
View ArticleEuro Rapidly Approaching Parity, Drops 12% Year to Date
Bond yields in Europe continue to collapse. This comes amidst a massive QE program that the European Union began last Monday, in which they began repurchasing sovereign bonds in an attempt to boost...
View ArticleDefault Looms Over Greece, Government Unable to Meet Obligations
The situation in Greece has been dire for quite some time and no resolution appears to be on the horizon. At best the Greece people can hope for a sideways movement, just getting by and just getting...
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