Friday, November 26, 2010

ECB's Weber Says Europe's Rescue Fund Could Be Increased If More Needed

As Jim Sinclair points out repeatedly, expect QE to infinity in the Euro zone and here in the States.

European Central Bank council member Axel Weber said governments can increase the size of the European Union-led bailout fund if necessary to restore confidence in the euro.
“Seven hundred and fifty billion should be enough to assure the markets,” Weber said at the German embassy in Paris late yesterday. “If not, it will have to be increased.”

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