HILARIOUS: Ben Bernanke: ‘The ECB Is Well Capitalized’

ROFL! - Ben Bernanke: “The ECB Is Well Capitalized” (ZeroHedge, Feb. 29, 2012): This will be one of those “one picture is worth a thousand words” posts. A quick preface: During Congressional testimony, Ben Bernanke defended the Fed’s FX swap lines by saying that the ECB was “well-capitalized.” So instead of spending countless words explaining [...] continue reading the breaking news