ITALIAN Bond Yields Starting To BLOW UP | |
Limpan User ID: 1474973 Sweden 11/09/2011 05:47 AM Report Abusive Post Report Copyright Violation | |
KingDingaLing User ID: 1559124 United States 11/09/2011 05:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5009134 United States 11/09/2011 05:50 AM Report Abusive Post Report Copyright Violation | |
Zero Point User ID: 3341144 Australia 11/09/2011 05:51 AM Report Abusive Post Report Copyright Violation | Don't Jinx it... Doom is like a super shy Ground Hog... If it pokes its head out and gets scared it will mean 6 more months of deception Surely that shy little princess must finally arrive at the ball though. Maybe finally, and don't call me Sherly. Hahaha! Stop it you're killing me! Another public service announcement from the Southern Hemisphere Information Leveraging Locus. |
Anonymous Coward User ID: 5012950 Italy 11/09/2011 05:52 AM Report Abusive Post Report Copyright Violation | Italy is DEAD! Quoting: Anonymous Coward 5009134 Not a big surprise since they are such pussies... hell most men under 30 are still living with their parents... Easy to judge when it was not you growing up in this country. You should know how difficult it is to build a career here first. You have no idea, it seems. |
KingDingaLing User ID: 1559124 United States 11/09/2011 05:52 AM Report Abusive Post Report Copyright Violation | |
Limpan User ID: 1474973 Sweden 11/09/2011 05:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4377322 Finland 11/09/2011 05:56 AM Report Abusive Post Report Copyright Violation | |
Ostria1 User ID: 4952087 Greece 11/09/2011 05:58 AM Report Abusive Post Report Copyright Violation | Anyone have any real info about what is going on behind the scenes here?? Quoting: Anonymous Coward 440753 is this the beginnign of the end?? endgame?? op, good call! todays date 9/11/11 has anything to do with this? There are some rumors about plan B or C (not sure how many plans they discuss right now). 1 european economic zone in the north 2 another economic zone in the south, which will include all countries that cant follow and the new ones who want to enter EU. Both will use Euro(2 types), with the equivalence 1:2 Ostria |
Anonymous Coward User ID: 1158385 Sweden 11/09/2011 06:00 AM Report Abusive Post Report Copyright Violation | |
Ostria1 User ID: 4952087 Greece 11/09/2011 06:01 AM Report Abusive Post Report Copyright Violation | Italy is DEAD! Quoting: Anonymous Coward 5009134 Not a big surprise since they are such pussies... hell most men under 30 are still living with their parents... Easy to judge when it was not you growing up in this country. You should know how difficult it is to build a career here first. You have no idea, it seems. What do the people say there? Here we still cant agree on a new PM. We are all in nervous breakdown. Ostria |
Ostria1 User ID: 4952087 Greece 11/09/2011 06:02 AM Report Abusive Post Report Copyright Violation | |
withoutatrace User ID: 1476762 United States 11/09/2011 06:02 AM Report Abusive Post Report Copyright Violation | |
Ostria1 User ID: 4952087 Greece 11/09/2011 06:03 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5009134 United States 11/09/2011 06:04 AM Report Abusive Post Report Copyright Violation | Italy is DEAD! Quoting: Anonymous Coward 5009134 Not a big surprise since they are such pussies... hell most men under 30 are still living with their parents... Easy to judge when it was not you growing up in this country. You should know how difficult it is to build a career here first. You have no idea, it seems. Dude. Italians have been doing this for DECADES... it's nothing new. And I'm not hitting you while your down, we are all down. |
Bailout the bubble User ID: 5011146 France 11/09/2011 06:05 AM Report Abusive Post Report Copyright Violation | |
KingDingaLing User ID: 1559124 United States 11/09/2011 06:08 AM Report Abusive Post Report Copyright Violation | My friend, I'm not so good at this financial stuff...what does it mean that bonds is over 7%, care to explain to a economic n00b/Muh Lets look at it in the extreme case of the US & our $15 Trillion Debt. Currently we are paying under 2%... If our debt service cost (interest rate) went to 7% we would pay more on debt service than on wars or > $1 Trillion Dollars. The system would collapse. The same thing is happening to Italy... they won't have money for social programs and pension plans that they already borrow to pay in the first place! BTW.. There is no reason why the US deserves 2% interests rates... Thank the Federal Reserve and abusing our reserve currency status. |
KingDingaLing User ID: 1559124 United States 11/09/2011 06:09 AM Report Abusive Post Report Copyright Violation | Italy is DEAD! Quoting: Anonymous Coward 5009134 Not a big surprise since they are such pussies... hell most men under 30 are still living with their parents... Easy to judge when it was not you growing up in this country. You should know how difficult it is to build a career here first. You have no idea, it seems. Dude. Italians have been doing this for DECADES... it's nothing new. And I'm not hitting you while your down, we are all down. Be nice... just snicker behind their backs. |
Anonymous Coward User ID: 5012950 Italy 11/09/2011 06:12 AM Report Abusive Post Report Copyright Violation | Italy is DEAD! Quoting: Anonymous Coward 5009134 Not a big surprise since they are such pussies... hell most men under 30 are still living with their parents... Easy to judge when it was not you growing up in this country. You should know how difficult it is to build a career here first. You have no idea, it seems. Dude. Italians have been doing this for DECADES... it's nothing new. And I'm not hitting you while your down, we are all down. Yes I know this is a typically reknown attitude of italian men. The thing is, now among those who made it their choice, there's actually men who are forced to stay home as no government has truly supported my generation in helping us build a career, especially if you studied at Uni. |
Ostria1 User ID: 4952087 Greece 11/09/2011 06:12 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. Ostria |
withoutatrace User ID: 1476762 United States 11/09/2011 06:14 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. Quoting: Ostria1 The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. I am sure this is great information. But to me, it sounds like Charlie Brown's teacher. Whooonk, whoooonk. Care to dumb it down for the ignorant masses just a bit? Thanks! |
KingDingaLing User ID: 1559124 United States 11/09/2011 06:15 AM Report Abusive Post Report Copyright Violation | |
Ostria1 User ID: 4952087 Greece 11/09/2011 06:22 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. Quoting: Ostria1 The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. I am sure this is great information. But to me, it sounds like Charlie Brown's teacher. Whooonk, whoooonk. Care to dumb it down for the ignorant masses just a bit? Thanks! In short economy is doomed. Italy cant borrow from the markets so this leads her to a support mechanism by EU and IMF but Italy is too big to be supported. ps. there are fears for France if Italy fails Ostria |
Anonymous Coward User ID: 1593393 Sweden 11/09/2011 06:26 AM Report Abusive Post Report Copyright Violation | |
Zero Point User ID: 3341144 Australia 11/09/2011 06:28 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. Quoting: Ostria1 The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. I am sure this is great information. But to me, it sounds like Charlie Brown's teacher. Whooonk, whoooonk. Care to dumb it down for the ignorant masses just a bit? Thanks! In short economy is doomed. Italy cant borrow from the markets so this leads her to a support mechanism by EU and IMF but Italy is too big to be supported. ps. there are fears for France if Italy fails Always good posts from you. Thanks mate. Another public service announcement from the Southern Hemisphere Information Leveraging Locus. |
Anonymous Coward User ID: 440753 Belgium 11/09/2011 06:31 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. Quoting: Ostria1 The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. I am sure this is great information. But to me, it sounds like Charlie Brown's teacher. Whooonk, whoooonk. Care to dumb it down for the ignorant masses just a bit? Thanks! In short economy is doomed. Italy cant borrow from the markets so this leads her to a support mechanism by EU and IMF but Italy is too big to be supported. ps. there are fears for France if Italy fails ok but in the end what exatly will this mean for italy?? more austerity?? etc.. etc?? what do you think this will lead to?? |
KingDingaLing User ID: 1559124 United States 11/09/2011 06:33 AM Report Abusive Post Report Copyright Violation | Its as simple as Italy can't pay its debts. Because the markets are wising up to this they are raising the interest they expect to receive for the risky Italian Bonds. Well if Italy can't pay its debts and needs to borrow more to pay them off AND they have to pay even more to refinance their debts. Well its what they call the debt death spiral. The EU is silly and most intelligent people knew it couldn't work back when they started it. I know GREECE and I think ITALY have to refinance massive amounts of debt by year-end. So what they were paying 3% interest on a trillion dollars now becomes 8%... SO THEY ARE FUCKED. |
withoutatrace User ID: 1476762 United States 11/09/2011 06:33 AM Report Abusive Post Report Copyright Violation | New significant deterioration recorded in bonds with a focus on Italy. Quoting: Ostria1 The performance of the Italian 10-year bond at 7.36%, which exceeded the zone of 7% which is the red line for a country to join a support mechanism. Italy in terms of market risk. Italy is out of the markets. The CDS at 545 bps spread and spread difference of Italian and German bonds to 570 basis points. Noted that Greece entered a support mechanism where the return of Greek 10-year had reached 6.25%. The situation for bonds is negative given that the French spreads relative to Germany is at 132 basis points to a new record high. The CDS of other countries remain very high. Greece is at 6100 bps or 61%, Portugal 1065 bp, Ireland 7555 bp, France 188 bp and 93 bp Germany. The euro was at $ 1.3680 decline significantly with variation of $ 1.3670 and $ 1.3890. I am sure this is great information. But to me, it sounds like Charlie Brown's teacher. Whooonk, whoooonk. Care to dumb it down for the ignorant masses just a bit? Thanks! In short economy is doomed. Italy cant borrow from the markets so this leads her to a support mechanism by EU and IMF but Italy is too big to be supported. ps. there are fears for France if Italy fails ok but in the end what exatly will this mean for italy?? more austerity?? etc.. etc?? what do you think this will lead to?? I am guessing it is going to mean more hungry people. |
Anonymous Coward User ID: 5011146 France 11/09/2011 06:33 AM Report Abusive Post Report Copyright Violation | |
KingDingaLing User ID: 1559124 United States 11/09/2011 06:34 AM Report Abusive Post Report Copyright Violation | Its as simple as Italy can't pay its debts. Quoting: KingDingaLing Because the markets are wising up to this they are raising the interest they expect to receive for the risky Italian Bonds. Well if Italy can't pay its debts and needs to borrow more to pay them off AND they have to pay even more to refinance their debts. Well its what they call the debt death spiral. The EU is silly and most intelligent people knew it couldn't work back when they started it. I know GREECE and I think ITALY have to refinance massive amounts of debt by year-end. So what they were paying 3% interest on a trillion dollars now becomes 8%... SO THEY ARE FUCKED. Next we can go back over Contagion and the fact that the true PIIGS are actually France & Great Britain. |