Loading ...Re Draghi Bonds
I dread to think the true Mark to Mkt valuation of all those Bonds Draghi has bought and u can guarantee that every one was bt by the likes of GS/DB etc and then turned to Draghi/ECB at a nice haircut. At one stage they ran out of eligible bonds, he was buying so much and had to go to damn near Junk ones !!!!!!
The old men of Buba must be tearing their hair out, as Germany is on the hook for all of that crap…..