/biz/ - Business & Finance

preißd in

usually you explain here why and then cite the source.
not clicking that malware infested link

>>18877478
>malware infested link
it's literally the official website of german federal constitutional court

>>18877525
and i give literally a shit

>>18877461
tl;dr faggot?

Germans ordered to turn off their debt printers without damn good reason. Markets get sad without endless money :(

long the dollar and ruble

FRANKFURT (Reuters) - The Bundesbank must stop buying government bonds under the European Central Bank’s long-running stimulus scheme [ 2.7 trillion-euro ($2.95 trillion) since credit crunch, case was filed in 2015 ] within the next three months unless the ECB can prove those purchases are needed, Germany’s top court ruled on Tuesday.
[ QE originally ran from early 2015 until the end of 2018, and was controversially resumed late last year. Total holdings were 2.7 trillion euros at the end of March, with at least another 300 billion euros scheduled for this year to help fight the recession sparked by the coronavirus. ]

But the judges in Karlsruhe said their decision did not apply to the ECB’s latest pandemic-fighting programme, a 750 billion euro scheme approved last month to prop up the economy. [some estimating 1 trillion euros printed by EOY]

Ruling in a case that dates back three years, Germany’s top court raised objections to the German Bundesbank’s participation in the scheme, known as Public Sector Purchase Programme.

“The Bundesbank may thus no longer participate in the implementation and execution of the ECB decisions at issue, unless the ECB Governing Council adopts a new decision that demonstrates...the PSPP are not disproportionate to the economic and fiscal policy effects,” the judges said.

They added the German central bank must also sell the bonds already bought, albeit based “on a – possibly long-term – strategy coordinated with” the rest of the euro zone.

this thread is a psyOp, don't fall for OP's scam

if germany is not allowed to prop up eruropoors- pffffft there goes europe

>>18877461
>>18877476
>>18877478
>>18877525
>>18877572
>>18877591
>>18877596
>>18877597
>>18877619

This is unironically good news for stocks. High unemployment and bankruptcies are good. The weak should fear the strong.

>>18877619
its nothing
Lagarde: hey german central bank, its totally required
german central bank: ok, case closed

>>18877637
ecb has already a very restricted mandate and doesn't have other central bank tools
and germany want to shrink ecb power even more
eurozone will never work and is doomed to fail miserably
the only way for eurozone to survive is debt monetization, any other attempt is just a pharmaceutical coma

>>18877646
>Lagarde
Lagarde is just a puppet, Schnabel writes the press releases

>>18877640
The problem is “weak” and “strong” are subjective. Westerners think strength comes from muscle.

>EUROZONE ON THE VERGE OF COLLAPSE

Since 2008. Probably even earlier, I doubt the USSR is going to stand for a united Germany.

>>18877766
Why did the one in the middle come dressed as Trump?

>>18877766
Thanks Confucious

>>18877766
Strength comes from the barrel of a gun

>>18877948
>tries to shoot corona virus