WTF is Happening with the Fed!? - Cracks in Europe - WTF 7

CK and new co-host Ansel Lindner discuss the recent ruling in German courts that deemed QE activity by the European Central Bank to be illegal.

Topics:

• German courts said ECB's QE actions were illegal under German law
• EU law is supposed to trump German law
• German courts give ECB 90 days to stop QE
• Real risk of Euro break up
• Fun fact: European REPO is already separated by country

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Ansel Lindner on Twitter @AnselLindner

Christian Keroles on Twitter @ck_SNARKs

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