ECB Hints at Help Pending Euro-Zone Integration

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http://www.spiegel.de/international/europe/0,1518,801156,00.html

The boost from Wednesday's coordinated action taken by major central banks around the world was immediate, but short lived. Whereas stock indexes around the world shot up after the announcement that the European Central Bank, the US Federal Reserve, the Bank of England and others would make it easier for banks to access US dollars, the euphoria quickly faded on Thursday.

Indeed, even ECB chief Mario Draghi felt compelled to warn against misplaced optimism. In a speech to the European Parliament on Thursday morning, he said that "downside risks to the economic outlook have increased." In other words, the euro crisis, which has recently morphed into a financial crisis, could soon become an economic crisis.

But Draghi also seemed to hint at a possible way out of the downward spiral, saying that the ECB could be prepared to take additional steps to halt the crisis. First, however, Europe needed to move quickly toward greater economic integration.

"Other elements might follow," he said, in reference to the coordinated central banks' action taken on Wednesday. "But the sequencing matters." He added that "a new fiscal compact would be the most important signal from euro area governments for embarking on a path of comprehensive deepening of economic integration."

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1. The corrupt Financial Parasites and criminals will manufacture Crisis after Crisis until all the

blood has been drained from the stone that is the world economy.
They will do this because they have been rewarded for their criminal activity.
They will continue doing this until they are jailed for the same activity.
There is no other way for this to end except for the Mussolini option.

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2. I can't say you're wrong. Nt