Wait, really, ring fence FRANCE? Italy and Spain I get, but is France bad off as well? If so then Europe is down to what, just Germany and everyone else ring fenced?
Hey if I were a Chinese central banker, I know where I could pick up some sweet, West-Culture laden countries cheap!
@vinniecow France is not as bad as the others, but it is getting there. And if either Italy or Spain get worse, they will drag France down too. If that happens then it won't be enough with just one drink.
At the end of the day I think they will have to let ECB buy up bonds directly and then solve the inflation problems that will generate later. I know that this would be a bad solution to the problem, but I think it may be too late to go with the more subtle approches.
This channel is my single favorite on youtube. Well explained, although brief. I would love to have Paddy go more into technical depth with his explanations.
so, just another term for eurobonds?
I also like how you just threw out there that the ECB will support the wolf indefinitely...............I assume by feeding it sheep...
unfriggin real!
cr1138 3 months ago
Thanks a loT.. keep ur amazing videos coming please
farisallawati 3 months ago
I constantly "need a drink" but I don't know why. Can you try reverse-engineer my drinkingproblem and find the cause?
TheLivirus 3 months ago
@TheLivirus easy, his name is Jesus Christ
TrueLightFinancial 3 weeks ago
@TrueLightFinancial Blesphemy! ;)
TheLivirus 3 weeks ago
Wait, really, ring fence FRANCE? Italy and Spain I get, but is France bad off as well? If so then Europe is down to what, just Germany and everyone else ring fenced?
Hey if I were a Chinese central banker, I know where I could pick up some sweet, West-Culture laden countries cheap!
vinniecow 3 months ago
@vinniecow Scandinavia's not ringfenced, especially not Norway.
TheLivirus 3 months ago
@vinniecow France is not as bad as the others, but it is getting there. And if either Italy or Spain get worse, they will drag France down too. If that happens then it won't be enough with just one drink.
At the end of the day I think they will have to let ECB buy up bonds directly and then solve the inflation problems that will generate later. I know that this would be a bad solution to the problem, but I think it may be too late to go with the more subtle approches.
skumhesten78 3 months ago
This channel is my single favorite on youtube. Well explained, although brief. I would love to have Paddy go more into technical depth with his explanations.
lemmewatchthisshit 3 months ago
So easy to understand! Thank U.
ginkang1 3 months ago
I find his hair HYPNOTIZING...
crubeo 3 months ago
Great explanation - as usual!
thighdude7 3 months ago
Thanks Paddy.
n00bSLicer 3 months ago
Excellent work, Paddy!
octdavian 3 months ago