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This is the "kick the can WORLD eCONomy",,,Art Cashin On The End Of The "LTRO Effect"

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 04 Apr 12 5:49 PM | 34 view(s)
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Submitted by Tyler Durden on 04/04/2012 - 09:29 Art Cashin Bond Borrowing Costs European Central Bank Reality

We have previewed the phasing out of the LTRO effect previously here on several occasions. Now, courtesy of Art Cashin, everyone is aware that the eye of the European hurricane has officially passed, especially in the aftermath of this morning's horrendous Spanish bond auction, which shows that reality is back with a bang.

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http://www.zerohedge.com/news/art-cashin-end-ltro-effect

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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