Jim Cramer: ECB's Mario Draghi Delivers Again With QE Decision

TheStreet's Jim Cramer says ECB president Mario Draghi has shown he is willing to do whatever it takes to get Europe moving again.
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TheStreet's Jim Cramer says ECB president Mario Draghi has shown he is willing to do whatever it takes to get Europe moving again. In an effort to prevent deflation, the European Central Bank announced its massive stimulus program Thursday in which the bank will buy 60 billion euros a month in bonds -- more than anyone was expecting. Cramer says ultimately, Draghi is trying to solve a resurgence of the right. If you get job growth, Cramer says, the right will not be able to take over and you won't have the kind of factions that we used to see in Europe before the euro. Cramer says this is a man who understands history and who understands what needs to be done and he will succeed.