Some people suggest the ECB should lower the interest rate and lend to the European countries. The interest rate seems low enough, the lending seems available from the amounts that seem to be deposited overnight with the ECB. Businesses have to borrow, and employ the cash to create cash-flow, work-flow, education, purchase of houses, cars, factories, etc. The wherewithal is there is Europe, the ECB some nights has in excess of 730 Billion Euros on deposit, whilst borrowing on a daily basis is hardly 2 Billion! Here is something that could be done. Bankers and captains of industry and politicians and policy makers have to apply their minds to this interesting problem.
As trade continues to flourish, so will the economies. Oil price could be headed downwards over the coming weeks, with warm weather. The cyclical trend on a short-term basis is also downwards for the price of Oil, thank God. So many airlines and trucking companies struggling can't be a joke.
If peace is encouraged, that will be beneficial for all the world communities, to preserve what everyone has, trade, grow further, and enjoy in peace the fruits of their labour or the harvest of their time. I pray for Peace and continued Recovery, so that it may lead to Prosperity in due course.
Investment Analysis and Managed Fund