10/8/2012 0 Comments
WElcome the ESM
Today is the official start of the ESM, how it will be used, and if there will be any significant announcements in the coming week will determine if the introduction will come with a bang. With the global economies diverging ever more from the markets (due to the use of QE) it will be good to look towards the ESM building up capital in anticipation of any requests. Massive use of this mechanism should also put pressure on the Euro.
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