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Comments by "bighand69" (@bighands69) on "QE and the ECB - Risks and Rewards | FT Markets" video.
Thomas Headley There has never been a true success story with quantitative easing. And now a central European currency could damage fairly strong economies that have not been responsible for this. And these individual economies have no real ability to stop this QE. The Euro can be slowly dismantled if need be with few hiccups. The issue here again is that there is a apathetic political population of Europe that have no desire to really stop this.
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Thomas Headley The truth is that the EU government cannot stop what is happening they are trying to put a square peg into a round role by making the hole bigger and the peg smaller. But it will still not fit. Governments have tried this micro economic management before and it did not work. What makes the EU think that it can some how do the same thing. The US at some point is going to stop QE and the EU is now trying to extend this period by doing it them self. Who is next. Will it be China. At some point the economies of the world will need to hit rock bottom before they can start to recover this shot in the arm that is being given is a temporary solution. The US in the 1930s attempted QE as a measure to stop decline and guess what it did not work. I will make wealth no matter what way the markets go but for others it will be exceptionally painful.
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