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)