Fun With QE

I suspect that Goldman and Jamie Demon (on Wall Street) have a crapload of worthless Greek Government debt on their books, and Greece will soon go belly up.  Somebody will have to pay.  Nobody screws with the crooks on Wall Street.

Voila!  Suddenly  the European Central Bank is launching it’s own massive Quantitative Easing {QE} Program to print Euros and buy up……. the worthless Greek paper at Goldman??

Helps to explain why the Euro took a bath on what should have been a bullish QE announcement for Europe.  It’s enough to piss off the Pope.