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This Is The End Of The EZ...also Known As The Euro-Zone.

Mario Draghi would not be "bound under threat of terror." And so he took the hardest of the hard ass route: do nothing and let the chips fall will they may. I must say i laugh at the "QE addicted" Wall Streeters. Not surprisingly the market rallied into the close because "the hard money man had finally made his move." Bill Ford said famously to Larry Kudlow years back "if you want a heart transplant get it from a banker"...meaning i think because they never use theirs. Chairman Bernanke will take note. Rumor has it though "this was the music blaring out of the FOMC today" after the announcement:

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.