>“There have been examples of established market players exploring more novel and more exotic investments. In parallel, euro area housing markets have expanded rapidly, with little indication that lending standards are tightening in response,” he said in the report.
Oh fuck. This reads like a nice way of saying fraud is increasing and that’s a bad marker for a future crash.
And I might not mind, if I didn’t know speculators and large landowners will be bailed out, while Joseph Wageslave gets fucked.
Gonna have to wait to buy now I guess…
> The central bank announced in September it would be buying fewer bonds off the back of surging consumer prices.
*ECB prints money*
*ECB warns assets are possibly inflating*
Ok ECB, thanks… I guess…
Oh they finally figured this out! 🙄 Fourteen years too late.
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>“There have been examples of established market players exploring more novel and more exotic investments. In parallel, euro area housing markets have expanded rapidly, with little indication that lending standards are tightening in response,” he said in the report.
Oh fuck. This reads like a nice way of saying fraud is increasing and that’s a bad marker for a future crash.
And I might not mind, if I didn’t know speculators and large landowners will be bailed out, while Joseph Wageslave gets fucked.
Gonna have to wait to buy now I guess…
> The central bank announced in September it would be buying fewer bonds off the back of surging consumer prices.
*ECB prints money*
*ECB warns assets are possibly inflating*
Ok ECB, thanks… I guess…
Oh they finally figured this out! 🙄 Fourteen years too late.