Normally, when I post shows from RT, I direct reader attention to the main interview, and treat the introductory four-minute segment as an informative addition.
Here, the key part of the show is that initial section, where Ed Harrison provides an informative, high level look at the ECB’s upcoming QE program. It is seems to be badly thought through operationally (reader Scott pointed yesterday to a Financial Times effort to explain how each country’s purchases and liabilities would work, and declared them to be “clear as mud”). Moreover, as Ed Harrison explains, it’s not clear how the effort can accomplish anything positive in an increasingly negative yield environment.
The other segments are also worthwhile, with regular Boom/Bust host reporting on the Swiss shock live from Davos, and Ed Harrison talking with Dan Alpert about the prospects for the Euro, and the last section on net neutrality.