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michaelpelly commented Jan 29, 2015Maybe not that extreme but debt "forgiveness" is out of the question. Then all EU countries would have the right to demand the same.
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Wow wow wow! :-) The poor old Germany had to leech on the poor old Greece to prosper last 20 years - how pathetic is to say that!? And how sick minded paranoia world conspiracy theories brain one must have to believe that!
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015My problem, sir - is that nobody wants the see the Greek problem for what really is - a society that elected inept politicians for 20 yrs that led the country to bankruptcy. Instead - everybody is talking about "oppression" from EU. I admire EU and ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Bill, why don't you sympathize to my country - devastated by the communist regime, 1.5 mil people forced to seek better life in early 90s due to economic misery, never really backed-up by any western ally. Why you sympathize with Greek people - 3 ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Man, do not fall into "dry" analysis from a distance and by knowing 5-6 immigrants that probably tried for better life for themselves abroad. I see these people everyday in my home-town during the summer, I see how they operate as business owners ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Wow! +1 Alexeii! Still can't understand this unconditional "love" towards Russia from some western-world citizens - they had seen communism only on a picture on the wall. My mind just can't digest their way of thinking - how stupid or blissfully ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Sorry man, it is what it is - your people got used to receive more than the economy could handle - there is no free lunch in this world.
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015Dude, enough with cheap propaganda - I've worked first-hand with German people, Greek people, German companies and Greek companies - do not throw me with cheap tabloid accusations about Syria and Ukraine and some out-of-the blue statistics. Greeks ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015I'm not a racist - my hometown is 20km north of the Greece border - a lot of Greeks come to visit and rest there. I do not hate them - but in any case this doesn't change my opinion. And since when the non-conformance how my country's EU membership ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 29, 2015As I always say it out loud - Greek people are lazy, stupid and emerge only crook political class that is so brash to ask for more - I can't even think of a reason to not let them rot into huge economical crisis and give them again the taste of ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
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michaelpelly commented Jan 28, 2015So conclusion from your article is - lean on Apple to go forward strong USD against GBP?! What are you smoking guys - you deem this "lecture" as "analysis"?! :-)
Rally on GBP/USD has approached a key technical crossroads today
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michaelpelly commented Jan 28, 2015I only see wild populism - Samaras took the power from Papandreu with the same promises - year later - he sat on his butt and basically said to the Greek people - "It is either slow and painful recovery or couple years of misery like the one in the ...
The euro is crashing below parity, and will get cheaper still
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michaelpelly commented Jan 27, 2015Of course! Right this afternoon...
UK Gross Domestic Product Preliminary Estimate, Q4 2014
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michaelpelly commented Jan 26, 2015I'm just saying - can't predict. But last time cable was here the banks were giving 1.37 and 1.33 predictions...and it went to 1.7192.
Watching resistance on GBP/USD as a potentially opportunity to sell
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michaelpelly commented Jan 26, 2015GBP/USD loves to be shorted at 1.49 level - it bounces 600 pips upwards to wipe-out all stop-losses - especially in the March-August-2013 when the retailers were shorting the crap out of the cable at 1.49 and it went to 1.62 for 3 months.
Watching resistance on GBP/USD as a potentially opportunity to sell
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michaelpelly commented Jan 25, 2015Touching post, Caesar - but you basically did not answered my question - how having more capital into broker would help with more profitable run in long term hence reduce the risk. Making assumptions about my wealth management, trading plan or goals ...
U.S. retail forex watchdog may change leverage rules
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michaelpelly commented Jan 25, 2015Like the disaster with Fukushima Daichi powerplant? The though they were secured for virtually everything.
U.S. retail forex watchdog may change leverage rules
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michaelpelly commented Jan 22, 2015I'm always amazed how people mixup, confuse and interchange the trading strategy with the capital strategic preservation management. Limiting the size of a trading loss have nothing to do with where you physically keep the not used excess of your ...
U.S. retail forex watchdog may change leverage rules
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michaelpelly commented Jan 22, 2015But you have to keep more money in the broker - and if broker goes bankrupt (this happens regularly - no need for SNB) - your money goes with them - so how having lower leverage reduces your risk actually? Isn't it safer to keep 2k in broker and 18k ...
U.S. retail forex watchdog may change leverage rules