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Fitch Anticipate Orderly Greek Default -- Hope So

 
Nickadeemus

User ID: 9027855
United States
01/17/2012 12:37 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Just to let everyone know; I'm having major comms issues here lately, and it seems to be only when it's raining. Today just happens to be one of those rainy days so if I cut out or don't reply please know, I've gotten pissed off and given up. I think one of the kids in the hood has been trying to jack broadband and effed up my business.

Either way I'm sorry for any rudeness that may or may not come from these issues.

Nick®
 Quoting: Nickadeemus


I sometimes have that problem during heavy rain but it is due to a GFCI popping & my verizon box goes out. The thing will not reset until it dries out, so I have to run an extension cord into the garage. Girls gotta do what a girls gotta do.
eyebat
 Quoting: Janie Smith




Now THAT is dedication to a cause! If I wasn't moving in a few weeks I'd be more serious about demanding a resolution out of my provider. However, due to recent events, I'm moving a bit closer to the farm and am reserving the energy for that transition. I've asked my neighbor if she would let me use her network id for a week or two. She looked at me like I'd asked her what the square root of three was. Soooo, I'm just glad I didn't ask her if I could breech her firewall. That could have gotten messy.
corkey

Ugggg...computers...


Nick®
cheers

Last Edited by Nickadeemus on 01/17/2012 12:38 PM
Pure Life; Get it on...
Anonymous Coward
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01/17/2012 12:38 PM
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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


:sheep21:
Janie SmithModerator (OP)
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01/17/2012 12:40 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Just to let everyone know; I'm having major comms issues here lately, and it seems to be only when it's raining. Today just happens to be one of those rainy days so if I cut out or don't reply please know, I've gotten pissed off and given up. I think one of the kids in the hood has been trying to jack broadband and effed up my business.

Either way I'm sorry for any rudeness that may or may not come from these issues.

Nick®
 Quoting: Nickadeemus


I sometimes have that problem during heavy rain but it is due to a GFCI popping & my verizon box goes out. The thing will not reset until it dries out, so I have to run an extension cord into the garage. Girls gotta do what a girls gotta do.
eyebat
 Quoting: Janie Smith




Now THAT is dedication to a cause! If I wasn't moving in a few weeks I'd be more serious about demanding a resolution out of my provider. However, due to recent events, I'm moving a bit closer to the farm and am reserving the energy for that transition. I've asked my neighbor if she would let me use her network id for a week or two. She looked at me like I'd asked her what the square root of three was. Soooo, I'm just glad I didn't ask her if I could breech her firewall. That could have gotten messy.
corkey

Ugggg...computers...


Nick®
cheers
 Quoting: Nickadeemus


Square root of 3

Doggie laugh

You are not gonna be gone for a whole week? Who will keep me laughing through all the doom?
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

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United States
01/17/2012 12:40 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


sheep21
 Quoting: V-Honey



chuckle
Afternoon V!
Pure Life; Get it on...
Anonymous Coward
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01/17/2012 12:41 PM
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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


:sheep21:
 Quoting: V-Honey



chuckle
Afternoon V!
 Quoting: Nickadeemus


hello Nick! chuckle
Janie SmithModerator (OP)
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01/17/2012 12:41 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


sheep21
 Quoting: V-Honey


... or the moose in the tundra

Munching Moose
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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01/17/2012 12:41 PM
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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


:sheep21:
 Quoting: V-Honey


... or the moose in the tundra

:Munching Moose:
 Quoting: Janie Smith


lulz!!!!
Janie SmithModerator (OP)
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01/17/2012 12:42 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Orderly default & new normal. Gotta love the buzzwords meant to keep the sheep quietly munching in the field.
 Quoting: Janie Smith


sheep21
 Quoting: V-Honey


... or the moose in the tundra

Munching Moose
 Quoting: Janie Smith


lulz!!!!
 Quoting: V-Honey


:Good Afternoon k:
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
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01/17/2012 12:44 PM
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Re: Fitch Anticipate Orderly Greek Default -- Hope So
:Good Afternoon k:
 Quoting: Janie Smith


at least the article did not mention "sabre rattling"


as far as Greece goes .... hiding It is very sad news.
Nickadeemus

User ID: 9027855
United States
01/17/2012 12:46 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Just to let everyone know; I'm having major comms issues here lately, and it seems to be only when it's raining. Today just happens to be one of those rainy days so if I cut out or don't reply please know, I've gotten pissed off and given up. I think one of the kids in the hood has been trying to jack broadband and effed up my business.

Either way I'm sorry for any rudeness that may or may not come from these issues.

Nick®
 Quoting: Nickadeemus


I sometimes have that problem during heavy rain but it is due to a GFCI popping & my verizon box goes out. The thing will not reset until it dries out, so I have to run an extension cord into the garage. Girls gotta do what a girls gotta do.
eyebat
 Quoting: Janie Smith




Now THAT is dedication to a cause! If I wasn't moving in a few weeks I'd be more serious about demanding a resolution out of my provider. However, due to recent events, I'm moving a bit closer to the farm and am reserving the energy for that transition. I've asked my neighbor if she would let me use her network id for a week or two. She looked at me like I'd asked her what the square root of three was. Soooo, I'm just glad I didn't ask her if I could breech her firewall. That could have gotten messy.
corkey

Ugggg...computers...


Nick®
cheers
 Quoting: Nickadeemus


Square root of 3

Doggie laugh

You are not gonna be gone for a whole week? Who will keep me laughing through all the doom?
 Quoting: Janie Smith



Oh I'll check in on you from time to time. You know how GLP is; like Doritos-Noone can have just one. I don't think it will take a week. Maybe a hard three days. Should be relatively seamless. I've moved so many times, I could publish a paper about how to be the most efficient "mover" in the known universe. Me likes change; keeps the heart fresh.

bearhug
Nick®
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Mr. Toppit

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01/17/2012 12:54 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Just to let everyone know; I'm having major comms issues here lately, and it seems to be only when it's raining. Today just happens to be one of those rainy days so if I cut out or don't reply please know, I've gotten pissed off and given up. I think one of the kids in the hood has been trying to jack broadband and effed up my business.

Either way I'm sorry for any rudeness that may or may not come from these issues.

Nick®
 Quoting: Nickadeemus


I sometimes have that problem during heavy rain but it is due to a GFCI popping & my verizon box goes out. The thing will not reset until it dries out, so I have to run an extension cord into the garage. Girls gotta do what a girls gotta do.
eyebat
 Quoting: Janie Smith




Now THAT is dedication to a cause! If I wasn't moving in a few weeks I'd be more serious about demanding a resolution out of my provider. However, due to recent events, I'm moving a bit closer to the farm and am reserving the energy for that transition. I've asked my neighbor if she would let me use her network id for a week or two. She looked at me like I'd asked her what the square root of three was. Soooo, I'm just glad I didn't ask her if I could breech her firewall. That could have gotten messy.
corkey

Ugggg...computers...


Nick®
cheers
 Quoting: Nickadeemus


Its always good in these situation to keep your artillery dry and well oiled for unanticipated confrontations over mundane things like no gas no food and CCs not working. Or the random home invasion ... you never know when where who how.
Luisport

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01/17/2012 12:57 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
zerohedge
Credit Suisse gives up on Greece: "We no longer publish views on Greece because the situation is too fluid to permit it"

há 36 minutos [link to twitter.com]
Nickadeemus

User ID: 9027855
United States
01/17/2012 01:00 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Just to let everyone know; I'm having major comms issues here lately, and it seems to be only when it's raining. Today just happens to be one of those rainy days so if I cut out or don't reply please know, I've gotten pissed off and given up. I think one of the kids in the hood has been trying to jack broadband and effed up my business.

Either way I'm sorry for any rudeness that may or may not come from these issues.

Nick®
 Quoting: Nickadeemus


I sometimes have that problem during heavy rain but it is due to a GFCI popping & my verizon box goes out. The thing will not reset until it dries out, so I have to run an extension cord into the garage. Girls gotta do what a girls gotta do.
eyebat
 Quoting: Janie Smith




Now THAT is dedication to a cause! If I wasn't moving in a few weeks I'd be more serious about demanding a resolution out of my provider. However, due to recent events, I'm moving a bit closer to the farm and am reserving the energy for that transition. I've asked my neighbor if she would let me use her network id for a week or two. She looked at me like I'd asked her what the square root of three was. Soooo, I'm just glad I didn't ask her if I could breech her firewall. That could have gotten messy.
corkey

Ugggg...computers...


Nick®
cheers
 Quoting: Nickadeemus


Its always good in these situation to keep your artillery dry and well oiled for unanticipated confrontations over mundane things like no gas no food and CCs not working. Or the random home invasion ... you never know when where who how.
 Quoting: Mr. Toppit



Couldn't agree more!
Nick®
:nickpissed:
Pure Life; Get it on...
Luisport

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Portugal
01/17/2012 01:17 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
A headline just came over via Bloomberg: CITI CITES FIRST WEEKS OF JAN FOR MACRO UNCERTAINTY VIEW.

We don't totally know the context, but obviously it's a statement made on the call. We'll read the full transcripts later.

But it is interesting in light of a couple of other datapoints.

Rail traffic, for example, plunged in early January in a stunning manner.

Last week's initial claims data was disappointing.

And of course, retail sales have been dicey.

Other surveys continue to look strong, but... considering the level of bullishness and complacency out there, you might want to raise an eyebrow, at a minimum.


Read more: [link to www.businessinsider.com]
Luisport

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01/17/2012 01:46 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
zerohedge
S&P stirring: Unipol Gruppo Finanziario Cut to BBB- by S&P. ASSGEN coming soon

há 4 minutos [link to twitter.com]
Janie SmithModerator (OP)
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01/17/2012 01:52 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
zerohedge
Credit Suisse gives up on Greece: "We no longer publish views on Greece because the situation is too fluid to permit it"

há 36 minutos [link to twitter.com]
 Quoting: Luisport







Hmmmm ..... maybe cause there is just nothing else to say.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Janie SmithModerator (OP)
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01/17/2012 01:56 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
[link to www.zerohedge.com]

$10 Trillion Liquidity Injection in Europe???!!!!

Holy Shit, just how deeper in debt can they go??

Yummy! Give me a seconfd helping of that hemlock!


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."

Holy Shit

Last Edited by Lady Jane Smith on 01/17/2012 01:58 PM
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

User ID: 9027855
United States
01/17/2012 01:57 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
zerohedge
Credit Suisse gives up on Greece: "We no longer publish views on Greece because the situation is too fluid to permit it"

há 36 minutos [link to twitter.com]
 Quoting: Luisport







Hmmmm ..... maybe cause there is just nothing else to say.
 Quoting: Janie Smith



chuckle

Credit Suisse Report as follows:

1/17/11-Greece is smoked.
1/18/11-Greece is still smoked.
1/19/11-Greece is still smoked.
Buler Buler Buler Buler Buler Buler....

Yeah I guess it's not worth the ink.

Nick®
Pure Life; Get it on...
Luisport

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Portugal
01/17/2012 01:57 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
[link to www.zerohedge.com]

$10 Trillion Liquidity Injection in Europe???!!!!

Holy Shit, just how deeper in debt can they go??

Yummy! Give me a seconfd helping of that hemlock!
 Quoting: Janie Smith


shocked
Janie SmithModerator (OP)
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01/17/2012 01:59 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
[link to www.zerohedge.com]

$10 Trillion Liquidity Injection in Europe???!!!!

Holy Shit, just how deeper in debt can they go??

Yummy! Give me a seconfd helping of that hemlock!
 Quoting: Janie Smith


shocked
 Quoting: Luisport


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."



[link to www.zerohedge.com]


Jane laughs with insane sarcasm!
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Janie SmithModerator (OP)
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01/17/2012 02:05 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Scarlet
Scarlet falls to the bed. Her shoulders heave with sobs.

"Oh Rhett, we are in such debt. We shall never recover from this calamity. Whatever shall we do?"

Rhett
Reaches into his waistcoat, pulls out a Black American Express card.

"Here you go, Darlin. You just go off to Saks now, serve your heart's desire and just don't worry your pretty little head"


Scarlet, with a broad smile, grabs the card, jumps to her feet, runs from the run alight with giggles.


SARCASM!!!!!!

Last Edited by Lady Jane Smith on 01/17/2012 02:06 PM
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

User ID: 9027855
United States
01/17/2012 02:05 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
[link to www.zerohedge.com]

$10 Trillion Liquidity Injection in Europe???!!!!

Holy Shit, just how deeper in debt can they go??

Yummy! Give me a seconfd helping of that hemlock!
 Quoting: Janie Smith


shocked
 Quoting: Luisport


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."



[link to www.zerohedge.com]


Jane laughs with insane sarcasm!
 Quoting: Janie Smith


If I'm not reading wrong, the author goes on to state that a 10T Euro liquidity injection could buoy this Ghost Ship for another three years.

Nick laughs like mad scientist!

Another three years would be maddening.

Nick®
Pure Life; Get it on...
Janie SmithModerator (OP)
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User ID: 6718122
United States
01/17/2012 02:07 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
[link to www.zerohedge.com]

$10 Trillion Liquidity Injection in Europe???!!!!

Holy Shit, just how deeper in debt can they go??

Yummy! Give me a seconfd helping of that hemlock!
 Quoting: Janie Smith


shocked
 Quoting: Luisport


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."



[link to www.zerohedge.com]


Jane laughs with insane sarcasm!
 Quoting: Janie Smith


If I'm not reading wrong, the author goes on to state that a 10T Euro liquidity injection could buoy this Ghost Ship for another three years.

Nick laughs like mad scientist!

Another three years would be maddening.

Nick®
 Quoting: Nickadeemus


It will not last 3 years, but however long it lasts, it will just make the crash more brutal.

I should not have suggested the Ides of March. They always pull another putrid rabbit from the dusty hat.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

User ID: 9027855
United States
01/17/2012 02:11 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
...


shocked
 Quoting: Luisport


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."



[link to www.zerohedge.com]


Jane laughs with insane sarcasm!
 Quoting: Janie Smith


If I'm not reading wrong, the author goes on to state that a 10T Euro liquidity injection could buoy this Ghost Ship for another three years.

Nick laughs like mad scientist!

Another three years would be maddening.

Nick®
 Quoting: Nickadeemus


It will not last 3 years, but however long it lasts, it will just make the crash more brutal.

I should not have suggested the Ides of March. They always pull another putrid rabbit from the dusty hat.
 Quoting: Janie Smith



Nah, 10T is a lot of cheddar. It would literally gut corporate earnings worldwide due to the process of devaluation. 10T dumped into the system overnight would take the Euro down by 30-40% would't you think?

Nick®
Pure Life; Get it on...
Nickadeemus

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01/17/2012 02:14 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Testing Mommy Theory....


chuckle
Nick®

Last Edited by Nickadeemus on 01/17/2012 02:28 PM
Pure Life; Get it on...
Janie SmithModerator (OP)
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01/17/2012 02:22 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
...


"...With the CDO and game theory analysis, we have formally modelled both statements. In the game theory, we concluded that the most likely outcome is a series of ever-deeper crises and relief rallies culminating in a definitive moment. Before that definitive moment, our analysis suggests that both core and periphery parties playing hard-ball leads to an escalation of the crisis, but not calamity. Only at the decisive moment does a “collision” in our game of chicken model lead to catastrophe. We remain convinced that the decisive crisis has not been seen yet..."


[link to www.zerohedge.com]


Jane laughs with insane sarcasm!
 Quoting: Janie Smith


If I'm not reading wrong, the author goes on to state that a 10T Euro liquidity injection could buoy this Ghost Ship for another three years.

Nick laughs like mad scientist!

Another three years would be maddening.

Nick®
 Quoting: Nickadeemus


It will not last 3 years, but however long it lasts, it will just make the crash more brutal.

I should not have suggested the Ides of March. They always pull another putrid rabbit from the dusty hat.
 Quoting: Janie Smith



Nah, 10T is a lot of cheddar. It would literally gut corporate earnings worldwide due to the process of devaluation. 10T dumped into the system overnight would take the Euro down by 30-40% would't you think?

Nick®
 Quoting: Nickadeemus


I would expect a havy inflationary effect. Where will this come from. Who will lend it? Do they plan to just add zeros to the balance sheet??

gaah
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Janie SmithModerator (OP)
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01/17/2012 02:24 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
Testing Mommy Theory....


MODDY MODDY... Please Re-PIN pin

chuckle
Nick®
 Quoting: Nickadeemus


Nick, Luis, somebody ...

I cannot watch another thread today. Do one of you want to take this & start a thread?? let me know & I will karma pin it.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

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01/17/2012 02:27 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
I'm pretty sure a Mod is not going to catch it. I was just joking. I'll remove it. Gosh no, I;m about to duck off. Perhaps Luis will take you up on it?

Nick®
Pure Life; Get it on...
Luisport

User ID: 9017641
Portugal
01/17/2012 02:28 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
I'm pretty sure a Mod is not going to catch it. I was just joking. I'll remove it. Gosh no, I;m about to duck off. Perhaps Luis will take you up on it?

Nick®
 Quoting: Nickadeemus


I don't understand...
Janie SmithModerator (OP)
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User ID: 6718122
United States
01/17/2012 02:29 PM

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Re: Fitch Anticipate Orderly Greek Default -- Hope So
It will cripple the US manufacturing model unless the Fed immediately responds in kind, and prints outright, and unsterilized, a non-trivial comparable amount. In other words, the world could very well enter the final round of global coordinated currency devaluation, aka FX war, together. Yes, that means coordinated printing by the SNB, BOE, PBoC, BOJ, etc, etc. Simply in a last ditch attempt to preserve the status quo.


[link to www.zerohedge.com]

Foreign Exchange War??
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