The European Central Bank Just Shocked the World, Interview with@maneco64

1 year ago
45

Today the European Central Bank is making headlines with it's first rate hike in 11 years, and it's a big one. Also released today are the details of the ECBs massive QE program aimed at bailing out the southern European nations known as the TPI or Transmission Protection Instrument. To call these moves "historic" would be to put it mildly. Mario from Maneco64 joins us to share his unique perspective on what this means for the Eurpean Union.

Check out Maneco64 on YouTube: https://www.youtube.com/c/maneco64

Chapters:
0:00 Intro
0:34 What the ECB Just Did
3:27 The Transmission Protection Instrument
9:55 Lax Controls and Word Salad
15:18 ECB Leaves Door Open to Buy Private Sector Securities
16:59 Southern Euro Nations Reject Energy Austerity
21:06 Mario Catches the Bank of England Red Handed!

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#ECB #TPI #TransmissionProtectionInstrument #MelonHead #maneco64

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