{"id":1847,"date":"2012-09-10T12:53:49","date_gmt":"2012-09-10T10:53:49","guid":{"rendered":"https:\/\/clusterfamilyoffice.com\/blog\/?p=1847"},"modified":"2012-09-10T12:53:49","modified_gmt":"2012-09-10T10:53:49","slug":"que-hay-detras-del-ordago-de-draghi","status":"publish","type":"post","link":"https:\/\/clusterfamilyoffice.com\/en\/que-hay-detras-del-ordago-de-draghi\/","title":{"rendered":"What lies behind Draghi\u2019s bold move?"},"content":{"rendered":"<p style=\"text-align: justify;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/www.finanzas.com\/archivos\/201209\/mario-draghi-bce--644x362-1.jpg\" alt=\"\" width=\"386\" height=\"217\" \/>Below is a link to our latest article, published as <a href=\"http:\/\/www.gurusblog.com\/archives\/author\/clusterfamilyoffice\/\" target=\"_blank\" rel=\"noopener\">regular contributors to GurusBlog<\/a>, in which we analyse the implications of Draghi\u2019s announcement, looking beyond the official and politically correct comments.<\/p>\n<p style=\"text-align: justify;\">\u00abFirst and foremost, it is only fair to say that the announcement of unlimited purchases of distressed debt (<a href=\"http:\/\/www.ecb.europa.eu\/press\/pr\/date\/2012\/html\/pr120906_1.en.html\" target=\"_blank\" rel=\"noopener\">UNWTO<\/a>) by the ECB on the secondary market, whilst the\u00a0<a href=\"http:\/\/en.wikipedia.org\/wiki\/European_Stability_Mechanism\" target=\"_blank\" rel=\"noopener\">ESM<\/a> It is being implemented at primary level; it is the most decisive, consensual and coordinated measure put into practice to date.<\/p>\n<p style=\"text-align: justify;\">Whether it is because the measures taken to date have been cowardly and futile, or because this time the person taking them is not a politician fearful of the ballot box but a financial technocrat who has been weaned on Goldman Sachs, such as the President of the ECB.\u00a0The point is that we are facing the most far-reaching decision in years \u2013 which, admittedly, is not saying much. But let\u2019s look a little beyond the newspaper headlines and the politically correct arguments.\u00bb\u00a0<a href=\"http:\/\/www.gurusblog.com\/archives\/que-hay-detras-del-ordago-de-draghi\/09\/09\/2012\/\" target=\"_blank\" rel=\"noopener\"><strong>Read the full article.<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A continuaci\u00f3n os enlazamos nuestro \u00faltimo art\u00edculo publicado como colaboradores habituales en GurusBlog, en el que analizamos las consecuencias del anuncio de Draghi, m\u00e1s all\u00e1 de los comentarios oficiales y pol\u00edticamente correctos. \u00abAnte todo es de justicia decir que el anuncio de compra ilimitada de deuda en apuros (OMT)\u00a0por parte del BCE\u00a0en el mercado secundario, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,51,45,41,37],"tags":[],"class_list":["post-1847","post","type-post","status-publish","format-standard","hentry","category-actualidad","category-banca","category-asesoramiento-deportistas-artistas","category-economia-y-finanzas","category-reflexion"],"_links":{"self":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts\/1847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/comments?post=1847"}],"version-history":[{"count":0,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts\/1847\/revisions"}],"wp:attachment":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/media?parent=1847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/categories?post=1847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/tags?post=1847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}