Fang Chuan Draghi Wants To Resign, Will The Eurozone Meet The "Eight Level Strong Earthquake"?
In the wake of the Japanese presidential election, the biggest hope of global investors at the end of the year is that the European central bank can fulfill its commitment to save the euro zone economy at any cost after that. It will launch a quantitative easing (QE) action to buy euro zone national debt as early as next year. However, the industry has now revealed an alarming news that Delaki, the central bank governor of the European Central Bank, which has been pushing QE for a long time, may soon consider "no matter what to do."
Industry media pointed out that in Germany, forces in the European Central Bank are intricate, and have been supporting the QE problem, Delaki, who was born in Italy, is dragged on by all Germans in every decision, and he and his supporters in the ECB policymakers also appear to be a mere shadow, unable to contend with the wily and stubborn German officials.
Insider sources pointed out that in the worst case, Delaki might even be leaving in January as early as January next year, because he has been intolerable to Germany's disagreement. A number of official sources have revealed that his policy of pushing it hard has been extremely unsatisfied with the internal recognition of the European Central Bank.
Once Mr Draghi abruptly announced his resignation, the power of the "black swan" would even surpass that of the Greek general elections.
This will mean that its strategy of saving the euro zone at any cost through easing policy will be completely impacted before Germany's stubborn position. The subsequent tightening of liquidity expectations and the rekindling of European economic risks will create an avalanche impact on the euro area and even the global financial market.
Once the news comes out, the US and European stock markets are likely to fall from heaven to hell immediately.
Previously, the policy direction of the European Central Bank once shifted to the direction of Delaki, because even Germany's domestic economy was dragged down under the drag of the European depression, which made it difficult for anti liberal European Central Bank German officials to resist the fact again. Therefore, the news that Delaki might have left the Office at that time was still a little sudden.
But the industry pointed out that all this is actually frozen for three days.
Many Germans used Delaki's "wolf wolf" style of spoken language loosely.
Market expectations
The practice has long been boring, and Delaki himself may also feel that under the current European political and economic framework, he has done his best.
In fact, Matteo Renzi, Prime Minister of Italy, has secretly thrown an olive branch to DRAC, saying that once he left Frankfurt (ECB) to return to Italy, he would be reused.
At present, the most likely place for the departure of Draghi is to take the post of ceremonial president of Italy.
Napolitano, the current president of the country, is 89 years old and will be 95 when he expires. So he has said that if he had the chance, he would give up his young man to enjoy the day before he was fully appointed to Giorgio Napolitano.
And once Delaki is gone, where will the ECB go?
In fact, no matter how tired or annoying the present job is, Delaki will still be reluctant to leave once he chooses to resign. After all, he has made considerable achievements in his three years in office and is unwilling to see it go to waste.
If the ECB's control is handed over to the anti liberal hawks, then a new round of storms may hit.
If
Europe
The positions of central bankers are not falling into the hawks of the German background, so some of the current policies are still being followed.
At the moment, the European economy is in need of huge and determined stimulus measures to get redemption. Therefore, no matter who the successor is, if Delaki leaves, it will be a major loss of the European Central Bank and the euro area as a whole and the world economy.
But in fact,
Economic crisis
During the period, the outstanding central bankers were not the first time to be killed because of the disagreement with politicians. The former chairman of the Federal Reserve Bernanke and the Bank of Japan went on to experience the reluctance to retreat when they were still strong and strong, and whether Delaki would follow suit, and it might be announced in the spring of next year.
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