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The European Central Bank Goes On The Offensive | Daniel Neilson (LIVE)

Forward Guidance

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The Big Liquidity Squeeze

A lot of the financial crisis he saw particularly in 2008 We're from outside of the central so it's these asset-backed commercial paper crap. The treasury markets and the government sovereign bond markets that are really seeing Uh, the big liquidity squeeze Yeah, I think that's part of it. If really I think bernanke probably learned did already learn the lesson around 2008 because this works from the 1980s So by the time he was bed chair I don't think he had the luxury to keep thinking that the world was as simple as he might have Bought in at the time he wrote the paper.

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