If one man - and the minions in the ECB's upper echelons - can deprive hundreds of millions of savers of their well-earned returns it shows that the Eurozone - and most of the EU - is ruled by a technocratic caste. That the banking system requires such an overdose of monetary manipulation only is due to the refusal of vested interests to put banks on a viable footing once and for all. The blueprint for this exists and is disregarded by the so-called regulators (they called them Kommissars in the Soviet Union).
Live: Investors to stay locked onto European Central Bank as Draghi speaks
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