Draghi: Go Wank In The Corner
Thursday, January 21, 2016 8:29
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by Karl Denninger
Market-Ticker.org
It’ll have as much impact as your alleged “stimulus” and “whatever it takes.”
Sure, you can boost asset prices. For a while.
But Union Pacific, which reported “earnings” today, showed what’s going on. Carloads of rail traffic are an objective measurement and as I’ve pointed out, as is the Baltic Dry Index, show that things are not moving, and things are what make an economy strong.
Not two people cutting each other’s hair in exchange for a screw (ok, that’s only legal in certain counties in Nevada.)
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Source: http://financialsurvivalnetwork.com/2016/01/draghi-go-wank-in-the-corner/?utm_source=rss&utm_medium=rss&utm_campaign=draghi-go-wank-in-the-corner
