Mario Draghi and his band of ECB bankers have been talking the talk for some time now.Much of it has had the patina of if-we-keep-doing-this-long-enough maybe it will all just go away and somehow, miraculously, the EU economy will grow its way to the end of what's been a very dark economic tunnel for what is still a fledgling union still held together by ceiling wax, yarn and spit.
Put up or shut time draws nigh. And the Ukraine situation ain't helping one bit. Maybe that too has been part of Putin's plan, assuming he has one. Either way, Draghi can't keep dragging this out.
If you look closely at Draghi and most of the other major central bank leaders over the past several years, you'll detect, either directly or indirectly, the DNA of Goldman Sachs. Goldman Sachs is Wall Street.
http://online.wsj.com/news/articles/SB10001424052702304518704579521100806846852?mod=World_newsreel_4
More on Draghi.
http://www.testosteronepit.com/home/2014/4/20/draghis-bold-push-for-creeping-defaults-and-real-wage-cuts-i.html
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