Wednesday , May 1 2024

ECB

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.....

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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