- Search Metals Mine
- mcdoomer commented Nov 25, 2011
They are? Wow! That's news right there!
'Merkel and Sarkozy Are Viewed with Suspicion'
- mcdoomer commented Nov 25, 2011
Unless its a love letter, Samaras just lost all credibility too. So far only Kenny, Coelho, Monti, Sarkozy and Rajoy still enjoy some credibility. And 2 of those hardly yet started to work and Sarkozy still holds water mostly due to Lybia and the ...
According to the EU, Barroso received letter from Greece's Samaras
- mcdoomer commented Nov 24, 2011
The issue is that would be great for everybody except Germany, Netherlands, Austria and Finland. They know they can't have it both ways (devalued currency to prop exports and low interest rates) without printing money, like US, UK or Japs, but ...
EURUSD Tumbles, Italian Yields Pop After Merkel Says "Firmly Against Eurobonds"
- mcdoomer commented Nov 24, 2011
Merkel doesnt call any shots. She just does what Schauble tells her to do. And trust me, Schauble doesnt care a rats ass about his own people. It's all about power for him.
EURUSD Tumbles, Italian Yields Pop After Merkel Says "Firmly Against Eurobonds"
- mcdoomer commented Nov 24, 2011
The issue here is purely politics. SPD (opposing party) would vote for the Eurobonds, creating a wedge between CDU and FDP. That would send FPD political ambitions of a second term completely down the drain. So they are willing to risk Euro colapse ...
Germany May Be Open to Euro Zone Bonds: Report
- mcdoomer commented Nov 23, 2011
Exactly seasosms. Eventually ECB will become lender of last resort even to Germany. It's the way of the markets saying better now than later. The result will be the same, only more expensive as time goes by. Wake up, Merkel!
German 10-year bond auction a 'disaster'
- mcdoomer commented Nov 23, 2011
Yep, thats the big problem with the "head in the sand" mentality. You never know when you'll get screwed in the ass and by whom.
German 10-year bond auction a 'disaster'
- mcdoomer commented Nov 21, 2011
People keep missing the point. Eurobonds wont replace the Bunds. It's just an alternative. Germany can offer 10B€ in bunds plus have 20B€ in a Eurobond offering of 100B€ made of debt from any other country (Why would they? Probablly you will have to ...
EU exec to propose tough euro zone budgets control, offer eurobond prospect
- mcdoomer commented Nov 20, 2011
I've seen a model from Saxo Bank I believe, where you get EURUSD @ 1,27~1,28 after the money printing needed to stop the rot, with bullish outlook. So it's not like a major collapse or anything and will likely be temporary, since the attentions ...
Britain 'will join euro before long’, says German finance minister
- mcdoomer commented Nov 20, 2011
You can put Le Pen and all the other nationalist nuts in a pod and send them to colonize Mars. Let's see how well their politics would work, but from far, far away, where then can all anihilate each other without bothering the 99,999% other humans ...
Le Pen: France must leave the eurozone
- mcdoomer commented Nov 19, 2011
What we need, and what is realistic, is a Fiscal Union. A Central Finance Ministry that controls the budgets, lets call it Department of EU Budget Estability. People with good deficits have more leeway, people with out of control deficits have ...
Germany Is Preparing To Kick Countries Out Of Eurozone
- mcdoomer commented Nov 19, 2011
That's not true. It was France that imposed the condition of the EMU, not the UK.
Germany's secret plans to derail a British referendum on the EU
- mcdoomer commented Nov 19, 2011
It's such narrow sighted to link hyperinflation to the war. It's like saying drugs made the US lose in Vietnam. Germany was already bound to war when in the aftermath of losing WWI were left to their misery. Misery always takes revenge. The US knows ...
Germany Is Preparing To Kick Countries Out Of Eurozone
- mcdoomer commented Nov 18, 2011
I think people should read more about German finance minister to understand in which kind of hospital we're in.
ECB lending to IMF proposal gaining traction according to sources
- mcdoomer commented Nov 18, 2011
As far as I know: You have 1T whatevers that are worth the equivalent of 1T USD, if you suddenly print 1T whatevers more and no one else prints anything, your 2T whatevers will be worth still 1T USD. Now add to the mix all money printing in the ...
ECB lending to IMF proposal gaining traction according to sources
- mcdoomer commented Nov 18, 2011
IMF Lagarde should reply: "Are you out of your F*** mind? You are a central bank. Just print the money. Print money to lend at 0% interest is the the same as just print."
EURUSD Soars On News ECB To Lend To IMF "Gaining Traction"
- mcdoomer commented Nov 17, 2011
Again this shows how far and apart germans are from each other about the EU. On one hand you have "more EU, more democracy (rule of majority)." On the other end, you have 3/4 countries opposing ECB as a backstop, when more than 11 of the 17 already ...
German debt agency head: hypothetically the ECB could force euro-zone exit
- mcdoomer commented Nov 17, 2011
My great grandparents were german and after the war, the portuguese fed them. Like they did with countless other germans, fed up of their stupid blind leaders. Maybe all our elderly and unemployed should all now go to germany ask for food and ...
Has Juncker Gone Insane? Eurogroup Head Says German Debt Levels "Cause For Concern"
- mcdoomer commented Nov 16, 2011
Merkel is more and more alone. Maybe she should grow a moustache.
Has Juncker Gone Insane? Eurogroup Head Says German Debt Levels "Cause For Concern"
- mcdoomer commented Nov 9, 2011
I'll bet my house against them and five fold the investment any day. Are they really that stupid or is just politics? Hard to say. I'll trade my FX account for an account made of only Short selling of German exporters if the Euro goes to hell.
German Exporters Can Do Without The Euro - Industry Federation