Westwood Capital's Dan Alpert has a good discussion going on his Twitter stream, saying the swap...

|By:, SA News Editor

Westwood Capital's Dan Alpert has a good discussion going on his Twitter stream, saying the swap move is not QE, but just ensures a flow of liquidity and only to banks with eligible collateral. Reuters' Jamie McGeever adds liquidity isn't the issue, it's bank and sovereign solvency. Nouriel chimes in that the move strengthens the euro, the last thing the continent needs.