Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Major Inflection Point (by Springheel Jack)
The tone on Friday was largely set by the resignation of Jurgen Stark from the ECB, the second German to resign this year after Axel Weber, previously widely tipped to have been the next head of the ECB, resigned in February. Jurgen Stark's resignation was ostensibly 'for personal reasons' but it is widely assumed that the resignation of both germans was primarily due to disagreement with ECB policy, and Jurgen Stark's resignation in particular to be in protest at the ECB's recent decision to start buying Italian and Spanish bonds.
