Ecb In Are Cruising In A Boat On A River In Egypt

Discussion in 'Wall St. News' started by THE-BEAKER, Jan 9, 2009.

  1. yes friends they are in ' DE NILE ' .

    trichets own words 2 months ago.

    'We see no credit crunch, certainly not when you look at the figures that have been published… Since mid-September we have a very, very, big, significant intensification of intentions which are associated in particular, but not exclusively, with the collapse of Lehman Brothers and since then we are in a situation where we have to be particularly attentive but I cannot say at all that at the moment we are seeing a credit crunch…

    On the contrary we continue to see outstanding credit continue to growth.'


    What is this prick talking about.

    commerz bank now bailed out.

    german manufacturers on their knees.

    euro exporters cant sell jack shit.

    this amounts to some kind of clear out at the ECB.

    something will give.

    i cant see trichet in charge.

    he has lost all credibility.

    On the contrary we continue to see outstanding credit continue to growth.'

    what a cock.

    they probably wont even cut rates next week quoting some inflation target nonsense.
     
  2. Trichet is a typical Euro-fool,so arrogant and smug but hasn't a clue what he is talking about.And to think that Lorenzo Bini Smaghi,the ECBs Board Member in charge of International Affairs had the balls to say"Great Britain does not meet the entry criteria for the euro.......Sterling's Exchange Rate is not yet sufficiently stable"

    They've got the PIGS but don't want Great Britain now,like Britain even wants to adopt!!Bunch of jokers.

    http://www.telegraph.co.uk/finance/...61945/ECB-deems-Britain-unworthy-of-euro.html