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That confidence fairy has to keep spinning to stay vertical.
The real numbers would scare the people into mass panic, the Charybdis to the CD swaps' Scylla. So Draghi's can kicking gives time for Godot to show up (and his buddies to get their cash out of Dodge).
OT, but is Trump against TTIP? 'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
AFAIK Trump has made anti-free trade noises - "exporting our jobs" - because its a populist thing to say. Not sure that is any guide to what he would do. Index of Frank's Diaries
The main reason Ireland's budgetary position has improved so much is that its interest costs are way below budgetary expectations which has in turn helped Ireland to reduce its debt/GDP ratio from 121% to 95% in just 3 years. Index of Frank's Diaries
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