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As likely as some time before the e.c.b. needs to change that interest rates policy what do investors its effects are to focus on in the meantime. the market is really expecting her to spend the next couple of months sort of finding unity within the e.c.v. that s deeply divided right now over what the future of e.c. policies should be so her 1st step is going to be as she said to sort of launch this review of the e.c.b. policy and there are 2 big questions that she s going to try to address one is going to be the negative side effects of this negative interest rate policy and quantitative easing as you said there s been a large impact on savers on banks i think they re going to want to try and sort of find a way to sort of balance the negative side effects and see how how negative those are i think the other question is going to be over the seabees inflation target right now the e.c.b. hasn t met its inflation target in years but there s ....
You know, guarantee everything. isn t that the ecb? they are the ones who need to do it. but the problem is then, then get your house in order. because america s companies are pretty ruthless about firing people, shutting down a division, offshoring. europe s government, i mean, italy? they re going to get their house in order? they ve got a 75-year-old satire running the show. greece is going to get their house in order? you know, that is the problem. people say the ecb hasn t done what needs to be done. they come in and say, we will guarantee, no one has to worry about anything, we will print as much money as needed, but the thing that has to happen after that is structural reform in these government-run countries to get their house in order. that have no history of doing such a thing. exactly. but part of the problem that has to do with the banks. like one of my complaints about the bailout was that it ended up saving the banks here, rather than just trying to prevent a di ....