tag:blogger.com,1999:blog-3148704138177311138.post3439652250296914283..comments2012-01-25T19:32:19.834ZFin Taghttps://profiles.google.com/111289939489293988875noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3148704138177311138.post-15016928286091911942012-01-25T19:32:19.834Z2012-01-25T19:32:19.834ZThis whole LTRO is just QE by another name. Banks borrow dirt cheap, buy sovereigns at higher yields, rebuild their balance sheets with the spread and the governments get funded, with yields driven down. Deviously brilliant in a way, since they don't have to officially call it QE. US FED did something similar. And for the rent-seeking EU bureaucrats living off the productive parts of the economy, well, they get to keep the whole sham rolling along, pensions expense accounts and all. No wonder Fintag you gave this one a good rant.farmland investmenthttp://www.greenworldbvi.com/alternative-investments-options/agricultural-farmland/noreply@blogger.com