Christian Noyer: ECB Ready To Intervene Decisively in Bond Markets Very Soon!

• Don’t be too concerned with all the MSM noise and propaganda over the Eurozone debt crisis. They are for sheeple consumption. They are political theatre just to buy time and give the illusion that the Illuminist banksters and their politician snakes are doing something to resolve the crisis. The Illuminist plan is for a catastrophic collapse of the Eurozone. The Euro will collapse triggering a global currency meltdown. The target period appears to be Sep-Oct 2012. Their intent is to start their Greater Middle East war, Satanic World War 3, to provide a distraction and someone/something to take the blame for the coming global economic, financial and monetary meltdown!
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  Christian Noyer: ECB Ready To Intervene Decisively in Bond Markets Very Soon! 
  by Reuters, via http://www.telegraph.co.uk/ 
  The European Central Bank is determined to bring down the excessive borrowing costs hurting Spain and Italy and should be ready to intervene decisively in bond markets very soon, said ECB governing council member Christian Noyer.
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  Mr Noyer, governor of the Bank of France, said the ECB’s 23-member governing   council strongly backed last week’s decision to intervene in markets, glossing over the dissenting voice of powerful Bundesbank Governor Jens Weidmann, which disappointed investors.
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  “Don’t have any doubt about the determination of the governing council and its capacity to act within the terms of its mandate,” Noyer told Le Point magazine in an interview.
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  “Our operations will be of sufficient size to have a strong impact on the markets. We should be ready to intervene very soon, prioritising short-term debt markets,” he added.
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  ECB President Mario Draghi had indicated last week that the bank would not be ready to enter the market before September and only if governments activated the eurozone’s bail-out funds to join the ECB in bond buying.
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  Noyer ruled out any action by the ECB on the primary debt market – which would be akin to monetary financing of governments’ deficits – but said an intervention in the secondary market was “perfectly possible”.
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