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UPV - Eurozone Inflation - Not Much The ECB Can Do About It
ProShares Ultra FTSE Europe
The ECB's got a problem here
When everything fell apart in 2008 and 2009, the central banks of the world decided to use monetary policy to sort varied economies out. OK, that worked. The European Central Bank was slow to the game, and that held the eurozone economy back.
But, now, the ECB's got a problem - two actually - and the combination of them makes me think that the eurozone economy just isn't going to recover in any reasonable time.
I, thus, think that Europe is stuck in a slow growth model and will