Hint Hint: Nearly Half of Germans Don’t Trust ECB’s Draghi

Will September 12 be the day the markets get crushed. Bears are certainly going to know what’s up by then.

“Nearly one in two Germans has little or no confidence in European Central Bank President Mario Draghi, according to a poll released ahead of a closely watched ECB policy meeting later on Thursday.

The Italian ECB (learn more) chief is expected to lay out at the meeting the framework for the central bank’s new bond-buying program for stricken southern euro states like Spain and Italy.

Jens Weidmann, head of Germany’s influential Bundesbank, opposes Draghi’s plan and has not shied away from criticizing it publicly. Other German “hawks” have expressed concern that the ECB has been taken over by a southern cabal determined to bend the rules of sound monetary policy.”

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