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ECB Officially Announces Easing Of Collateral Rules, Confirms Europe Has Run Out Of Assets

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 22 Jun 12 6:18 PM | 41 view(s)
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Msg. 42190 of 45651
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Submitted by Tyler Durden on 06/22/2012 - 09:12 Asset-Backed Securities Counterparties European Central Bank

Goodbye European Central Bank. Hello Salvation Army Bank.

or in other words:

"THE ECB RATES THIS SPIDERMAN TOWEL-BACKED CURRENCY AAA+++
http://www.zerohedge.com/news/ecb-officially-announces-easing-collateral-rules-confirms-europe-has-run-out-assets

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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