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PipTrapper commented Sep 19, 2011HA!! but is it not the EU finance ministers that allowed this mess to happen in the first place? It serves them right. Unfortunately the ones to pay the ultimate price are the innocent constituents who elected them. Look, it's basic arithmetic from ...
Lordly Geithner castigates Europeans
- PipTrapper commented Sep 19, 2011
Hmm Perhaps the reason you haven't seen comments on good news is because there hasn't been any good news.
Can't pay, won't pay - timing Greece's default
- PipTrapper commented Sep 19, 2011
ok, shall we start building our long positions on the euro then? You first.
Greek finmin confident will get EU/IMF aid tranche
- PipTrapper commented Sep 19, 2011
Probably because Venizelos has to first call Berlusconi to get a crash course on how to insult the troika if they tell him "It's not good enough"
Conference call between EU/IMF and Greece has been pushed back to 1700BST
- PipTrapper commented Sep 19, 2011
Yes you are partially correct. Some of the gap may be due to that. That is why one has to look beyond their broker's charts if the broker opens later than others. I have a source for early prices on Sunday from a feed that never shuts down and early ...
EURUSD: Halts Weakness, Triggers Upside Recovery
- PipTrapper commented Sep 19, 2011
1.4913 ??? Ha Ha Ha. In your wildest dreams and my worst nightmares.
Communication on the Agreement on Economic Governance Package for the EU
- PipTrapper commented Sep 19, 2011
Yes eurobonds will calm the markets but they will not fix the excessive debt problem. The way the system is now (a bond for each country), each country has consequences for not keeping their fiscal house in order. With a eurobond, all the EMU ...
Troika asks Greece to Cut 100K jobs – Will Greece Refuse and Default?
- PipTrapper commented Sep 19, 2011
if the gap is to be closed, then the target is 1.3770/80 area. However, I don't think that will happen today. Volume is low and lots of traders either on sidelines or holding current positions.
EURUSD: Halts Weakness, Triggers Upside Recovery
- PipTrapper commented Sep 19, 2011
LOL This is as real as horse feathers.
Troika asks Greece to Cut 100K jobs – Will Greece Refuse and Default?
- PipTrapper commented Sep 18, 2011
1.3716 is channel support. Any lower and it's going further down in a hurry.
Troika asks Greece to Cut 100K jobs – Will Greece Refuse and Default?
- PipTrapper commented Sep 18, 2011
The poop is now hitting the fan and about to get splattered all over the place. If Greece was a corporate entity, it would have been bankrupt years ago.
Troika asks Greece to Cut 100K jobs – Will Greece Refuse and Default?
- PipTrapper commented Sep 17, 2011
Bro, I do realize that Canada has a bicameral legislative system but that is not the model I intended to make reference to. I was more referring to the federal/provincial structure where the federal gov has full and exclusive jurisdiction over ...
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
Yes I have considered that possible fatal outcome. Perhaps I should have stated that Europe needs to be federalized using a Canadian democratic model or perhaps at least create some form of EU fiscal ministry which is also responsible for collecting ...
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
Sorry mackusick as I beg to differ with you. Geithner was invited. Therefore, he did not directly make a fool of himself but rather he allowed the Europeans to make a fool of him. I do agree with the rest of your post.
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
Since you're not backing up your bold statement with any technical or fundamental reasons, may I assume you got that information from your crystal ball?
Communication on the Agreement on Economic Governance Package for the EU
- PipTrapper commented Sep 17, 2011
You are absolutely correct that they don't need the help (for now). Perhaps you are also correct that "they" (Meaning the EU finance ministers) are not thankful for past help, or perhaps they don't consider the past help relevant to these times. The ...
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
The results of the ECOFIN meetings in Wroclaw Poland... url
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
How can "all other options" that do not exist be deemed a "failure"? A default does not represent "a failure of all other options" but rather "a lack of any other options". Just default now and get it over with.
Greece looks likely to default, but keep euro
- PipTrapper commented Sep 17, 2011
I gave a poster (I won't mention names) some good advice about a week ago. I see some people never learn.
China Now Might Help, Provided Eurozone Offers Tit-for-Tat