More Rigged, Fake Financial Markets; "European Central Bank cuts rates, expands asset-buying program"

"The European Central Bank on Thursday cut its key lending rate to zero, pushed its deposit rate further into negative territory and significantly expanded the size and scope of its asset-buying program. ECB policy makers cut the bank's key lending rate, known as the refi rate, to zero from 0.05% and pushed the rate on its deposit facility to minus 0.4% from minus 0.3%.

The central bank also announced it would expand the size of its monthly bond purchases to 80 billion euros from its current level of 60 billion euros beginning in April and would include purchases of investment-grade, euro-denominated, non-bank corporate bonds.

$80 billion euros a month conjured from thin air

to buy not government, but now corporate debt

This is what fascism is, which is pretty much what the Federal Reserve did for a little while

 during the financial crisis years

without complaint from the press or most fiscal 'conservative' leaders. 

The ECB also said it would launch a new series of longer-term refinancing operations with maturities of four years."

TAF only different and much longer

http://www.marketwatch.com/story/european-central-bank-cuts-rates-expands-asset-buying-program-2016-03-10

The bottom doesn't and won't know until it's over

European real estate folks like Roy Carroll and Marty Kotis are probably having champagne as the rest of the uninformed continue to work at jobs they don't love to earn money to buy shit they don't need to feed the top who bought off and control the 'establishment'.