European Central Bank On Standby

I hope the message from the European Central Bank that it is ‘on standby’ as quoted in the following article does not lead to quantative easing in the Eurozone that we have seen in the UK. As I have written about before the biggest losers from quantative easing are people coming up to retirement who want to either buy an annuity or postpone an annuity purchase and use income drawdown.

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