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Hareii commented Oct 20, 2011She don't want to speak ahead of Greece austerity vote. Imagine Greece fail to endorse the austerity measure and she already let out all the measures planned. She will lose the bargaining power which Greece can use against her and Sarkozy. Currently ...
Chancellor Merkel cancels statement on EU summit on lack of details for EFSF according to a...
- Hareii commented Oct 20, 2011
No way it is going to be postponed. It is an attempt to bring the market down so that they can spike it up later. Remember what Merkel and Sarkozy said previously that the fate of europe rest on this sunday's summit. That Merkel will throw anything ...
German govt official says: Not excluding postponement of EU summit
- Hareii commented Oct 20, 2011
Got to bring the market down and then spike up hugely. You know the games.
Senior EU sources say unaware of any plan to postpone Sunday's EU leaders' summit
- Hareii commented Oct 20, 2011
Greece can choose to go easy on austerity measures. Greece (and all the other PIIGS countries) has a lot of national assets which they can sell/lease to pay their debts. However, they are refusing to touch these assets as it is politically ...
Sustainable debt needed to qualify for EFSF secondary bond mkt buying
- Hareii commented Oct 20, 2011
If Swiss don't cap their currency, they may have taken this title by this time.
Australia wealthiest nation in world: report
- Hareii commented Oct 19, 2011
Stupidity really show. Their bond yield is going to be elevated without transparency of rating firms assessment. Have these people gone to business school to study how market work?
EU Could Bar Ratings Firms From Issuing Reports On Members In Crisis
- Hareii commented Oct 19, 2011
Risk here typically refers to risk asset. What is risk asset? Risk and reward goes hand-in-hand. So risk asset typically refer to asset that has a higher yield or return on investment for example equities. Bonds on the other hand, are lower yielding ...
Why You Should Prepare For a Big Risk Rally
- Hareii commented Oct 19, 2011
When Germany exit EU.
Moody's Cochrane says 'No Way for Greece not to Default' - BBG
- Hareii commented Oct 19, 2011
From my limited understanding, one way to leverage the power of EFSF is to use it to guarantee a portion of the bonds issued by the indebted countries. Currently, the indebted countries (Greece especially) cannot fund their debt payment via issuing ...
EFSF will definitely not be raised - German FinMin
- Hareii commented Oct 19, 2011
EFSF expansion and EFSF leverage are 2 entirely separate matters. What have been circulating in the news these days are on how to leverage EFSF, not about expanding it. To expand EFSF would incur another lengthy cycle of getting all the countries to ...
EFSF will definitely not be raised - German FinMin
- Hareii commented Oct 19, 2011
Building permits actually drop below expectation to a 5-month low. Building permit is a leading indicator while housing starts is a lagging indicator. Last month's better than expected building permit figure probably have been priced into the ...
Housing Starts in U.S. Increased More Than Forecast in September
- Hareii commented Oct 19, 2011
Probably the mean which Greece will ever leave EU is when their social order collapsed under servere austerity measure. The other countries will not probably not kick Greece out but the new Greece government installed during when the social order ...
Massive Greece strike turns violent
- Hareii commented Oct 19, 2011
The way for inflation to 'fall quickly' is via a global slowdown (or recession). Demand, especially for crude and precious metal, whose high price probably contributed to a significant portion of the inflation figure will go down with it. He is ...
BoE's Posen says inflation to fall quickly - paper
- Hareii commented Oct 18, 2011
Category: Entertainment News
CNBC reporter to Scarborough: ‘You are the problem’ for mocking protests
- Hareii commented Oct 18, 2011
Behind every bad new, there is a good new. Just as for every long positions, there is a corresponding short. It depends which side you are on.
China Economy Grows at Slowest Pace in 2 Years
- Hareii commented Oct 18, 2011
W: T, you there? T: What's up dude? W: How's the c bill coming along? My boss is keeping the pressure on me on this matter. T: Looks bad dude. You got to help me to help yourself. W: How? T: Your trade and GDP figure still looks too good. W: What ...
Geithner and China's Wang discuss economy in phone call-report
- Hareii commented Oct 18, 2011
CNBC is a circus with a lot of clowns reporters and guests. Everytime I tuned in (for who knows why I even tuned in), I only heard their reporters and guests pushing its viewers to keep buying equities, no matter that the euro debt crisis is at a ...
CNBC reporter to Scarborough: ‘You are the problem’ for mocking protests
- Hareii commented Oct 17, 2011
I don't see any flip-flopping from Germany. All these while, Germany has been conservative and defensive in its approach to this debt issues. On the contrary, France is the one that is hyper-optimistic, over-promising and talking big. When France ...
Germany Shoots Down 'Dreams' of Swift Euro Crisis Solution
- Hareii commented Oct 16, 2011
Nah, Spain and Italy is so last year. Its about France. France is right at the bottom of the dam that is Greece, which is holding back the shits. When the dam gives way, the shits are gonna drown France.
Greece Is So Last Week – Now It’s All About Spain