Congratulations, #ECB. You can buy bonds of almost insolvent countries at negative yields… We’re living in a world where the idiots are called heroes

Congratulations, #ECB

You can buy bonds of almost insolvent countries at negative yields.

How a policy designed to buy time for governments to implement structural reforms has become an excuse to avoid them. pic.twitter.com/9Fn5GLabav

— Daniel Lacalle (@dlacalle_IA) December 10, 2020

we're living in a world where the idiots are called heroes

— Alessio Urban (@AlessioUrban) December 10, 2020

A Eurozone debt deferral until at least the end of 2023: A more unexpected change from the ECB is the extension of PEPP reinvestments until at least the end of 2023. pic.twitter.com/NHdn1tz8AX

— Holger Zschaepitz (@Schuldensuehner) December 10, 2020