How much? How soon? Which assets? There are plenty of questions still to be answered about the European Central Bank’s easing of monetary policy, expected to be finally announced Thursday. But two things are for sure. One is that the euro zone now has no option but to embark on some form of quantitative easing — what some analysts have already dubbed the Big Bazooka. The other is that it will not work out the way either the ECB or most analysts expect — nothing ever does. In fact, euro-zone QE will have plenty of impact on the markets and economies, just as printing money did in the U.S., U.K., and Japan. But much of ... (full story)