Wrong way round! ECB allows Governments to delay or abandon any structural reforms by bailing them out, keeping rates at absurd levels and effectively stealing from Savers - most of them low or middle income citizens that benefit little from the asset bubble the Central Banks create.
Governments Have Put the ECB in a Bind
Value City Furniture Goes Bankrupt, Cites Tariffs, 120 Stores Will Close
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American Signature, Inc., parent of VCF, filed for Bankruptcy. Fallout in
14 states.
6 hours ago
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