► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The European Central Bank's extra monetary stimulus left traders deeply disappointed. James Mackintosh, investment editor, says talk of monetary financing of government spending looks increasingly justified — but that Europe has little to fear for now.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
