Coli brehs, do you think quantitative easing is going to work in the euro zone?

[Da King]

QE has worked in the United States but the other two major examples have shown highly suspect results in the effectiveness, I'm talking about Japan and UK, ya feel me? In Japan it took 5 years+ to really fight off deflation and it's still going to inject billions into the financial market in bonds purchases because they are just barely out of deflation. UK has the showed the highest growth of any nation of the G7 in 2014, but inflation has increased at a dangerously low level and are borderline on deflation. The problem with ECB is that they have talked so much about implementing QE that the rumors itself have already dropped the yield in many countries including portugual, so the actual yield drop from the QE will be quite subdued. Also factor in that much of the european firms don't rely on bonds the same way US firms do but on bank loans, so the ECB intervention won't have as strong an effect.


what say you brehs?

 

[Domingo Halliburton]

Is buying German bonds going to fix unemployment in Spain? I dont know.

 

[tmonster]

 

[Da King]

Is buying German bonds going to fix unemployment in Spain? I dont know.

that's one incorrect oversimplification

 

[Domingo Halliburton]

that's one incorrect oversimplification

I wouldn't characterize it as incorrect since German debt will be over a quarter of the purchases.

 

[Da King]

I wouldn't characterize it as incorrect since German debt will be over a quarter of the purchases.

I understand that, but buying those bonds is not what the ECB is proposing will fix unemployment in Spain, Greece, Italy and other nations, it's number of other factors.

It's also going to be a slow and gradual process. The IMF met recently and the situation in Greece seems to be going nowhere and the possibility of them getting booted out is now very real, that will slow this quantitative easing plan even further with the chaos that's going to cause if that happens


ya underdig?

 

[Poitier]

No

 

[Poitier]

QE has worked in the United States

for a select few.

 

[Da King]

for a select few.

No question some benefited a lot more then others, but without it the stock market and financial sector would have collapsed and everyone would have been screwed.

Please tell me how I'm wrong with actual data and facts to back up your view point

 

[Poitier]

the stock market and financial sector would have collapsed

thats what needed to happen.

 

[Da King]

thats what needed to happen.

So the banks all failing and everyone losing everything they had (we are talking about the average person, not some millionaire investment banker) would be a good thing?

you clearly have ZERO understanding on how the financial systems work in this country, all you can do is give me idiotic idealistic talking points with no educated grounds

explain to me what you think would have happened if all the major banks collapsed and folded?

 

[Poitier]

So the banks all failing and everyone losing everything they had

they wouldn't though

 

[Da King]

they wouldn't though

answer my question, what do you think would have happened if all the major banks collapsed? and don't respond with a stupid smilie

 

[Poitier]

answer my question, what do you think would have happened if all the major banks collapsed? and don't respond with a stupid smilie

prosperity

 

[Da King]

prosperity

cool, so you can't answer the question


like most of the posters here, when not responding with a smilie, corny hyperbole one word responses, or copy and pasting an article, you have nothing to add. You literally can't answer and back up your own response, how pathetic is that?