Emergency Liquidity Assistance

This tag is associated with 2 posts

The Greek Coup: Liquidity As A Weapon Of Coercion

“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.”                                           … Continue reading

Could Greece Sue The ECB?

By Neil Wilson One thing I’ve noticed about the European Central Bank (ECB) is that it likes to publish woolly worded documents and then brief its preferred interpretation of them to those who hang around in the lobby. Those then get written up and disseminated to become The Truth in the classic repeated assertion fashion … Continue reading

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