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There is no-one in Germany with what u would call serious stature….there is no Bundesbank head who can terrify mkts …..and anyway it is now subordinate to the ECB and the lovely Lagarde who can barely spell Central Bank.
Plus the ECB is not supposed to be able to print Bonds etc……this was not part of their plans when the Zero was built…….
Stoltz the Chancellor is a weak joke….and the whole government is a coalition cobbled together….not strong at all…..