Europe Would Love U.S. Economic Problems: Ryding

The transcript discusses the challenges facing the European economy, including high unemployment and limited job growth compared to the US. It highlights the constraints of monetary policy, with the ECB's quantitative easing (QE) efforts not addressing core issues like Brexit and the refugee crisis. The ECB's bond buying strategy is examined, noting its focus on large countries to avoid market distortion. The transcript also touches on the decentralized nature of asset purchases by national central banks, which may conflict with the euro's spirit, and the significant drop in German 10-year yields since the financial crisis.

What are the current challenges facing the European economy as mentioned in the text?

How does the unemployment rate in Europe compare to that in the US?

What impact does the Brexit vote have on the European economy according to the text?

What is the significance of the ECB's quantitative easing (QE) program as discussed in the text?

How does the bond purchasing strategy differ among European countries?