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  • The ECB creates artificial life

    From ft.com

    Read Full Story at ft.com

    The credit team at Citi came out with a note on Friday entitled “Artificial life and Dolly the Sheep”. It contained this rather eye-catching analogy: It’s been the dream of Sci-Fi fans for decades. 18 months ago US scientists announced they had created a living cell controlled entirely by synthetic DNA. Arguably, the ECB can now claim a similar achievement, having revived markets from the brink through its massive liquidity injections. At least to our minds, the rally is entirely artificial – but that’s not to say it won’t have legs. Artificial though this rally it may be, don’t doubt it’s ability to ... (full story)

    • fontu

        11,229 posts
    • Quoting johnel
      FED too, got a Dolly
      May need another downgrade to junk status to revive the old one get life back .

    • Guest

      IP XXX.XXX.64.6
    • No, they won't downgrade to junk.

    • noob_ss

      277 posts
    • maybe an insider was positioned well and needs those 200 pips above 1.27770... Hildebrands are free to trading now...

    • trassus

      7 posts
    • Don't understand this guys.
      In one side they want more intervention by the ECB to contain the crises. In the other side they don't agree with ECB intervention. I'm confused...

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