I'M ABOUT TO DO SOMETHING REALLY STUPID

An expose about the ECB

I was happy when they put Madame Lagarde in charge of the ECB. I thought, “here we go - no more PHD economists, they are finally putting someone at the helm who won’t think everything can be solved with lower interest rates.”

Then, at her first press conference as President of the ECB, when Lagarde said, “we’re not here to close spreads”, I decided to…