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Non-News of the Day: "Draghi Says Risks to Downside"

dahni Wrote: Feb 08, 2013 10:42 AM
Who is risking all that money in loans to countries who are in debt and just going deeper with no effort to climb out of the debthole?

Today's non-news that has the currency markets in a flux with a rising dollar and a sinking euro is a revelation by ECB president Mario Draghi that Eurozone Growth Risks are on the "Downside".

Really? Downside?

Yes, really. It would have been shocking to hear otherwise in spite of all the happy fluff talk that the "worst is behind".

Before Draghi spoke I wrote about Illusions of Stabilization, with a spotlight on France and Germany. Please check...