Summary:
This is funny... if you want to lower the banks minimum capital ratios to help them then why add the trillions of Reserves Assets to their balance sheets in the first place and then call that "easing!" ?!?!?!LOL!!!!These people are sooooooooooooooo f-cking stupid.....The European Central Bank plans to let banks run lower capital ratios to deal with fallout from the coronavirus, according to people familiar with the matter https://t.co/4xwkQtaNZc— Bloomberg (@business) March 12, 2020
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This is funny... if you want to lower the banks minimum capital ratios to help them then why add the trillions of Reserves Assets to their balance sheets in the first place and then call that "easing!" ?!?!?!LOL!!!!These people are sooooooooooooooo f-cking stupid.....The European Central Bank plans to let banks run lower capital ratios to deal with fallout from the coronavirus, according to people familiar with the matter https://t.co/4xwkQtaNZc— Bloomberg (@business) March 12, 2020
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Mike Norman considers the following as important:
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This is funny... if you want to lower the banks minimum capital ratios to help them then why add the trillions of Reserves Assets to their balance sheets in the first place and then call that "easing!" ?!?!?!
LOL!!!!
These people are sooooooooooooooo f-cking stupid.....
The European Central Bank plans to let banks run lower capital ratios to deal with fallout from the coronavirus, according to people familiar with the matter https://t.co/4xwkQtaNZc
— Bloomberg (@business) March 12, 2020