Central banks are like a group of mothy wallets at the bar. Their drinks are running low and they are trying not to be the first to finish so as to avoid getting in the next round. The Fed has already said that as they got the last round, and the one before, they ain't stepping up again. Abe's out too having bought the 1.5 litres of 100 Proof sake which has turned out to be weaker than everyone had hoped. The moaning skinflints of the emerging markets, lecturing socialist drinking equality, can't afford a pot to piss in (let alone to buy the substance to fill it) and the rich Emerging Markets are doing alligator arm impressions and trying to hide their rolexes. So it would be rather honourable for Draghi to push his way to the front and declare that this round is on him.
But as ever it's the teetotal German, who everyone would rather wasn't in the bar at all, holding things up through a combination of moral lecturing and downright threats. But there has been talk from "sources" that the Germans may be willing to get off the wagon and share a sip of sweet sherry.
But TMM would like to go one step further. You may have heard of, or even participated in the Facebook craze of NekNomination which has seen young adults around the world formally participate and publish a form of self abuse that in the past we did quietly in private, namely mixing up the remnants of the cocktail cabinet (or worse) in a pint glass and drinking it.
TMM hereby "NekNominate" Germany to neck a pint unsterilised liquidity, film it and put it on youtube.
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