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BrotherPyrus commented Jan 8, 2012If even one country leaves the Euro, it's over. That wasn't supposed to happen with the Euro. Nevermind the fact that the Euro has failed to achieve its quintessential goal. With the Euro, ALL countries using the currency were supposed to enjoy ...
End of euro is 'fantasy', says eurozone policymaker Luc Coene
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BrotherPyrus commented Jan 7, 2012Oil? Are you serious dude? You, a currency trader, with almost unlimited access to every minute detail of the business world(including the regular publications of oil importing/exporting done globally), and you still think the war in ...
Obama to businesses: Bring jobs home
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BrotherPyrus commented Nov 30, 2011Germany won't allow it. They'd rather have China, and/or any combination of the BRICS, fire up the printing presses and give the money to Europe. They'd rather the BRICS print money and get hit with inflation, than do it themselves.
Euro Region’s Boost to Bailout Fund Falls Short of 1 Trillion-Euro Target
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BrotherPyrus commented Nov 28, 2011So... the lending scheme this article is talking about is basically the exact same lending scheme that European banks are currently taking part in with the ECB.
Big Banks: We Earned Billions From Fed Bailout
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BrotherPyrus commented Nov 24, 2011Certain heads of parties in the ruling coalition will never agree to Eurobonds. Also, it seems everybody has so quickly forgotten already that the German Constitutional Court ruled several months ago that 'any financial vehicle designed to transfer ...
Germany May Be Open to Euro Zone Bonds: Report
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BrotherPyrus commented Nov 17, 2011In a 1975 New York Times article, economic statistician Julius Shiskin suggested several rules of thumb for defining a recession, one of which was "two down consecutive quarters of GDP". In time, the other rules of thumb were forgotten. Some ...
Fitch: Italy 'already in recession'
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BrotherPyrus commented Nov 10, 2011I don't care if the bankers' feelings got hurt. Batali can cook things that blow your mind. What can a banker do for you? If I had to choose between one of these things, Batali or a banker.... Well, I'd rather have dinner.
Mario Batali in hot water after comparing bankers to Hitler and Stalin
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BrotherPyrus commented Oct 31, 2011All this time, they should've been trying to get a New Groove... O.o
Italian, Spanish, Belgian Bonds Fall on Euro Debt-Plan Concern
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BrotherPyrus commented Oct 25, 2011Since rigpa appears to be short, I'm going long.
Compulsory Greek Debt Writedowns to Cost Taxpayers $55 Billion
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BrotherPyrus commented Oct 25, 2011Countdowns don't count upwards

Compulsory Greek Debt Writedowns to Cost Taxpayers $55 Billion
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BrotherPyrus commented Oct 23, 2011Saw the exact same statement, almost verbatim, except the number given was 1.6000, and it was six months ago, and.... Well, we all know how that turned out, didn't we? Maybe you all simply aren't aware of the implications of over 6 trillion Euros in ...
Leaked Greek bailout document: Expansionary fiscal consolidation has failed
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BrotherPyrus commented Oct 22, 2011Funny, they've already scheduled a part II to this current summit to end all summits.
Decisive week for the Eurozone ahead
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BrotherPyrus commented Oct 22, 2011EVERY weekend, EVERY summit, EVERY trauma-drama, is the summit to END all summits, or the week to END all weeks...
Decisive week for the Eurozone ahead
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BrotherPyrus commented Oct 21, 2011I notice the Greek debt metrics are 'alarmingly worse', to use the words of the troika assessment report. This is going to be interesting. The troika now has to explain to the rest of the EU how exactly it is that Greece is going to need even more ...
Greek aid approved: Reuters source
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BrotherPyrus commented Oct 21, 2011lol @ the guy who got North and South Korea mixed up.
Obama says all US combat troops will come home from Iraq by the end of the year
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BrotherPyrus commented Oct 21, 2011And still nobody wants to talk about the Turks making a move. I guess that doesn't matter.
Obama says all US combat troops will come home from Iraq by the end of the year
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BrotherPyrus commented Oct 20, 2011The entire Euro experiment has 'made in Germany' all over it lol
Guidelines document: EFSF will be able to buy bonds on secondary market
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BrotherPyrus commented Oct 20, 2011Correct. This particular piece of information was one of the major selling points of the EFSF in the first place. Actually, it seems they've added an interesting bit of fine print there, too: "if Eurozone country has sustainable debt, respects ...
Guidelines document: EFSF will be able to buy bonds on secondary market
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BrotherPyrus commented Oct 20, 2011Hint: If it makes it into the media, it's not over.
Dexia: the end of a crisis or the beginning?