“Whatever It Takes” Has Failed – European Economic Confidence Crashes To 4-Year Lows

by Tyler Durden
ZeroHedge.com
Jul 19, 2016

If the premise of central-banking largesse is to maintain (or inspire) economic confidence, then Mario Draghi’s smoke and mirrors have officially failed. This morning’s ZEW data on German and European Consumer confidence is a disaster. Both the current situation and expectations for Germany tumbled but most worryingly, the ‘hope’ for European economic growth has crashed to its lowest since Draghi promised to do “whatever it takes” in the summer of 2012.

The Rest…HERE

This entry was posted on Tuesday, July 19th, 2016 at 11:06 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.