Global PPT Swings From “Easing Actions Are Backfiring” To Double Central Bank Bazookas In 3 Days
by Tyler Durden
ZeroHedge.com
Jun 30, 2016
Sunday evening, as the world watched the fallout from what “Remin”-ers said was the end of the world, The BIS warned that central bank ‘easing’ actions “have started to backfire” and explained what little could be achieved with further stimulus. Three days later, first The Bank of England and then the European Central Bank both unleashed fresh bazookas as The PPT to save the world swung into action to rescue stocks and the all-important global wealth effect. Yet again – no consequences for anything will be allowed…
The Rest…HERE
