tag:blogger.com,1999:blog-36227136.post942122379761302448..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: Is the ECB becoming a bad bank?OEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-36227136.post-28854004653319823372011-04-21T18:54:40.408+01:002011-04-21T18:54:40.408+01:00'Two questions: how in the world did the ECB a...<i>'Two questions: how in the world did the ECB allow itself to get so deep into this mess? And do German politicans/economists/opinion formers understand how incredibly exposed the ECB - once dubbed the world's strongest central bank - actually is?'</i><br /><br />Have you thought about the possibility that the euro was designed to fail and that Germany has a history of causing a problem and then finding a solution to it!john grahamnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-57594146460379416712011-04-06T12:39:15.409+01:002011-04-06T12:39:15.409+01:00It is not becoming a bad bank: it is a bad bank. I...It is not becoming a bad bank: it is a bad bank. It has been buying dud bonds at well above their market value, only because the market will not buy them. As the ECB has no money of its own, it is simply lumbering the tax payers of europe with debt.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.com