Bugger, can’t remember who Bofinger is…..

Keep thinking James Bond

  • Lower ECB interest rates would help periphery

UPDATE: THAT’S IT!!, he’s a German economic advisor and arch villian………

And he’s on Bloomberg TV

  • Germany still importing growth forces? (whatever that means, maybe they’re health supplements)
  • Germany benefitting from current situation
  • Bank union won’t fundamentally change German system
  • 3-pillar German banking system helps mittelstand
  • Deterioration of economy is biggest risk to lending
  • DOESN’T SEE HARD LANDING IN CHINA (phew)
  • Nothing to criticize about OMT (great band…………oh sorry thought he said OMD)