With all the talk about the Eurozone and the ECB and Greece and Italy and everything I was feeling a little at sea. I couldn’t figure out what they were all talking about until Tuesday’s Morning Ireland on RTE 1.
The man’s name was Peter Brown and he was speaking from the Irish Institute of Financial Trading. Here’s what he said in my paraphrased nutshell .
The ECB (European Central Bank) will have to buy Italy’s bonds and the member countries of the EU will have to agree to increased oversight of their fiscal affairs by the ECB.
At least I think that’s what he said. Oh Oh! it’s gone all foggy again!
Still there’s a lot to be said for a succinct speaker. Fair play to Peter! At least I understood him at the time and that felt good especially in these chaotic confusing times.
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Tags: ECB, Eurozone, Irish Institute of Financial Trading, Morning Ireland, Peter Brown
This entry was posted on November 18, 2011 at 12:34 pm and is filed under economy, Financial, NewsCommentary, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.
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Just the Facts Ma’am
With all the talk about the Eurozone and the ECB and Greece and Italy and everything I was feeling a little at sea. I couldn’t figure out what they were all talking about until Tuesday’s Morning Ireland on RTE 1.
The man’s name was Peter Brown and he was speaking from the Irish Institute of Financial Trading. Here’s what he said in my paraphrased nutshell .
The ECB (European Central Bank) will have to buy Italy’s bonds and the member countries of the EU will have to agree to increased oversight of their fiscal affairs by the ECB.
At least I think that’s what he said. Oh Oh! it’s gone all foggy again!
Still there’s a lot to be said for a succinct speaker. Fair play to Peter! At least I understood him at the time and that felt good especially in these chaotic confusing times.
Like this:
Tags: ECB, Eurozone, Irish Institute of Financial Trading, Morning Ireland, Peter Brown
This entry was posted on November 18, 2011 at 12:34 pm and is filed under economy, Financial, NewsCommentary, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.