WOW!! Euro just sliced through 1.27 $usd Europe is Imploding !!! | |
Anonymous Coward User ID: 16145870 Portugal 05/16/2012 07:32 AM Report Abusive Post Report Copyright Violation | Bank of England chief Mervyn King told reporters during his quarterly inflation report today that the euro crisis is likely to get worse, adding that the U.K. government and the Bank of England are already developing "contingency plans" to be implemented should the crisis spiral out of control. "There are major problems ahead," he is quoted as saying in a report from Bloomberg. "There are major credit losses to be realized. Whatever happens there will be difficulties ahead that will undoubtedly affect us." King predicted that inflation in the U.K. will fall below 2 percent in the next two years, but thinks that there are "good reasons" for domestic growth to recover. Nearly all his statements were tempered with concern about the crisis on the Continent, affirming that the U.K. is "not exempt" from the continuing effects of the crisis. He added that is "not sensible" for the bank to see only two outcomes for the eurozone—jubilation if the monetary union stays together and "disaster" if it falls apart. King added that the BOE is ready to step in with more quantitative easing should the situation deteriorate. King's statements follow an announcement by the Office for National Statistics that unemployment in the U.K. had unexpectedly fallen in April to 8.2 percent. Read more: [link to www.businessinsider.com] |
Anonymous Coward User ID: 1307069 United States 05/16/2012 07:37 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 15771920 Australia 05/16/2012 07:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 16145870 Portugal 05/16/2012 07:44 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 15771920 Australia 05/16/2012 07:45 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5546541 Hungary 05/16/2012 07:59 AM Report Abusive Post Report Copyright Violation | good news for those wanting to go to europe for vacation this summer or fall. I remember when it was 1.6 for 1 USD..too expensive to travel. You guys think it will hit 1:1 by september? Quoting: Anonymous Coward 1307069 Lol! Seriously - if this carries on in the same direction then Europe will be the last place you will want to go on holiday! Sure, it will be cheap for Americans and Brits, but it won't be safe as there will be widespread civil disorder and war. Not many people thought going to Bosnia was a good idea for a holiday in the 90s. |
Foveras User ID: 15149288 Greece 05/16/2012 07:59 AM Report Abusive Post Report Copyright Violation | Greek Stock market after the announcement of the 18 billion aid to the bank went to +2.60% But know is turning red again -0.12% as everyone is scared of the elections Quoting: Foveras Hi foveras, how are you? you see this? Diane Shugart‏@dianalizia tsipras 2nd in VPRC poll, with 47% approval rating followed by venizelos 31%, kammenos 30%, samaras 29%, papariga 17%, mihaloliakos 7% 11 min Diane Shugart‏@dianalizia food for thought from VPRC poll for epikaira: kouvelis has highest approval rating among all pols and at 53% is only one with + rating Hello Luis, sorry for late replay but i am at work. Kouvelis is a low profile politician and is something like the good grandfather or the old neighbor that everyone wants to live near. And since people here are very sick with the politician the low profiled Kouvelis gets that hi approval rating. Love responsibility, keep saying, I alone will save the world If it gets lost, myself only is responsible N.Kazantzakis |
Anonymous Coward User ID: 16145870 Portugal 05/16/2012 08:02 AM Report Abusive Post Report Copyright Violation | Linda Yueh‏@lindayueh Merkel’s office asked Austria to withdraw a statement about #Greece leaving the EU if it left the € made by FM Fekter: Oesterreich reported 8 min zerohedge‏@zerohedge Greek president uses bank run on Monday as leverage to form government; He fails. Now suddenly bank run is over after no govt formed. |
Anonymous Coward User ID: 16145870 Portugal 05/16/2012 08:03 AM Report Abusive Post Report Copyright Violation | Greek Stock market after the announcement of the 18 billion aid to the bank went to +2.60% But know is turning red again -0.12% as everyone is scared of the elections Quoting: Foveras Hi foveras, how are you? you see this? Diane Shugart‏@dianalizia tsipras 2nd in VPRC poll, with 47% approval rating followed by venizelos 31%, kammenos 30%, samaras 29%, papariga 17%, mihaloliakos 7% 11 min Diane Shugart‏@dianalizia food for thought from VPRC poll for epikaira: kouvelis has highest approval rating among all pols and at 53% is only one with + rating Hello Luis, sorry for late replay but i am at work. Kouvelis is a low profile politician and is something like the good grandfather or the old neighbor that everyone wants to live near. And since people here are very sick with the politician the low profiled Kouvelis gets that hi approval rating. ok, and he is from left or right? |
Foveras User ID: 15149288 Greece 05/16/2012 08:08 AM Report Abusive Post Report Copyright Violation | Greek Stock market after the announcement of the 18 billion aid to the bank went to +2.60% But know is turning red again -0.12% as everyone is scared of the elections Quoting: Foveras Hi foveras, how are you? you see this? Diane Shugart‏@dianalizia tsipras 2nd in VPRC poll, with 47% approval rating followed by venizelos 31%, kammenos 30%, samaras 29%, papariga 17%, mihaloliakos 7% 11 min Diane Shugart‏@dianalizia food for thought from VPRC poll for epikaira: kouvelis has highest approval rating among all pols and at 53% is only one with + rating Hello Luis, sorry for late replay but i am at work. Kouvelis is a low profile politician and is something like the good grandfather or the old neighbor that everyone wants to live near. And since people here are very sick with the politician the low profiled Kouvelis gets that hi approval rating. ok, and he is from left or right? He was part of Syriza. At 2010 he left Syriza and formed the Democratic Left(Dimar). It is said that he formed Dimar as a reserve for Pasok voters show that they dont go to syriza and when things get better they can return to Pasok Love responsibility, keep saying, I alone will save the world If it gets lost, myself only is responsible N.Kazantzakis |
WOW User ID: 1488672 Poland 05/16/2012 08:21 AM Report Abusive Post Report Copyright Violation | How the hell is Greece going up and is in Green?! Quoting: Anonymous Coward 7735617 Greece and Iceland was the only countries in green when I checked!! [link to indexq.org] Yes can some knowledgeable person who doesn't just parrot statistical data interpret than for us please. black holes are strongest, that's why other way : they eat everything |
Anonymous Coward User ID: 14517170 Australia 05/16/2012 08:50 AM Report Abusive Post Report Copyright Violation | Since the start of may, timewave zero started it's plummet to the end, and i and others said all along that the economies are governed by it. TWZ is plummeting to zero point, and so the markets must follow. It's Godheads will. Quoting: bargoose As an Empath, I picked up the most incredible negative energy in Chicago last weekend, which has not stopped; but in fact, has grown much more negative and ominous every day since arriving back home. I was in the presence of the world's largest security force, executive, who's company will be taking part greatly in NAT0, and several officers. The residual, background negative energy in Chicago at this time is low boil emense. I would advise all empathics to steer clear for the time being, or a mysterious funk might befall you too. What does it mean - you're an "Empath"? |
Anonymous Coward User ID: 1170659 Germany 05/16/2012 09:01 AM Report Abusive Post Report Copyright Violation | make me understand why a strong USD is a bad thing, please! Quoting: Anonymous Coward 1284196 less dollars leaving the U.S.??? more dollars leaving the U.S.??? who wants expensive U.S. dollars??? good thing other countries have to have U.S. dollars to purchase OIL... It kills all your exports. Every country wants a weak currency if it has any type of export market. Workers WANT a strong dollar and TPTB don't. |
Anonymous Coward User ID: 1170659 Germany 05/16/2012 09:03 AM Report Abusive Post Report Copyright Violation | |
AmericanJedi User ID: 1503533 United States 05/16/2012 09:28 AM Report Abusive Post Report Copyright Violation | [link to online.wsj.com] U.S. stock futures pushed higher following a solid reading on the U.S. housing sector, though concerns about the outlook for Greece kept the early gains relatively modest. Now, do yourselves a favor and read the entire post. Deere, Abecrombie & Fitch, and JC Penny all falling and posting losses. Ask yourself why? Housing is very easily manipulated, retail numbers are not. And they are not looking to hot. Furthermore, the specter of Greece is quickly turning into the 'Collapse of the EuroUnion' and there is still the Facebook IPO looming. [link to articles.chicagotribune.com] Facebook may be your friend or where your friends hang out. But that doesn't mean the stock will be friendly to you if you rush to buy it within the next few days. The mistake here is to misread 'positive' housing signs as a reason to cheer and sigh relief. (GLP aka American Jedi) Listen here you beautiful bitch, I'm about to fuck you up with some truth. Kenny Powers If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare. American Jedi Intellectuals solve problems, geniuses prevent them. Albert Einstein Satis Eloquentiae, Sapientiae Parum.... "The last of the old?" "No, the first of the new." |
Anonymous Coward User ID: 16152391 Romania 05/16/2012 09:40 AM Report Abusive Post Report Copyright Violation | [link to online.wsj.com] Quoting: AmericanJedi U.S. stock futures pushed higher following a solid reading on the U.S. housing sector, though concerns about the outlook for Greece kept the early gains relatively modest. Now, do yourselves a favor and read the entire post. Deere, Abecrombie & Fitch, and JC Penny all falling and posting losses. Ask yourself why? Housing is very easily manipulated, retail numbers are not. And they are not looking to hot. Furthermore, the specter of Greece is quickly turning into the 'Collapse of the EuroUnion' and there is still the Facebook IPO looming. [link to articles.chicagotribune.com] Facebook may be your friend or where your friends hang out. But that doesn't mean the stock will be friendly to you if you rush to buy it within the next few days. The mistake here is to misread 'positive' housing signs as a reason to cheer and sigh relief. Yup, DOW opens higher ! Have they forgot about Greece and Europe ? A few good housing numbers and the DOW rises ? Something is very fishy here... |
Anonymous Coward User ID: 5859380 United States 05/16/2012 09:53 AM Report Abusive Post Report Copyright Violation | so much paper in the world that every single corporation Quoting: Anonymous Coward 15771920 could go bust together if they havent being doing due diligance so much paper in Keiser report episode E288 Max keiser says 90 trillion (derivatives, paper) for JPM off balance sheet. HOLY FUCK. SEC is a joke, or in bed with. Obvious Ponzi Scheme is so Obvious. yet many prozac swallowing ostriches still stumbling around arguing about Democans and Republlicrats, and what credit card they like most. |
Anonymous Coward User ID: 1317751 Canada 05/16/2012 09:55 AM Report Abusive Post Report Copyright Violation | [link to online.wsj.com] Quoting: AmericanJedi U.S. stock futures pushed higher following a solid reading on the U.S. housing sector, though concerns about the outlook for Greece kept the early gains relatively modest. Now, do yourselves a favor and read the entire post. Deere, Abecrombie & Fitch, and JC Penny all falling and posting losses. Ask yourself why? Housing is very easily manipulated, retail numbers are not. And they are not looking to hot. Furthermore, the specter of Greece is quickly turning into the 'Collapse of the EuroUnion' and there is still the Facebook IPO looming. [link to articles.chicagotribune.com] Facebook may be your friend or where your friends hang out. But that doesn't mean the stock will be friendly to you if you rush to buy it within the next few days. The mistake here is to misread 'positive' housing signs as a reason to cheer and sigh relief. This..................... |
-GooGooFlexy- User ID: 1238529 United States 05/16/2012 09:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5859380 United States 05/16/2012 10:00 AM Report Abusive Post Report Copyright Violation | [link to online.wsj.com] Quoting: AmericanJedi U.S. stock futures pushed higher following a solid reading on the U.S. housing sector, though concerns about the outlook for Greece kept the early gains relatively modest. Now, do yourselves a favor and read the entire post. Deere, Abecrombie & Fitch, and JC Penny all falling and posting losses. Ask yourself why? Housing is very easily manipulated, retail numbers are not. And they are not looking to hot. Furthermore, the specter of Greece is quickly turning into the 'Collapse of the EuroUnion' and there is still the Facebook IPO looming. [link to articles.chicagotribune.com] Facebook may be your friend or where your friends hang out. But that doesn't mean the stock will be friendly to you if you rush to buy it within the next few days. The mistake here is to misread 'positive' housing signs as a reason to cheer and sigh relief. Yup, DOW opens higher ! Have they forgot about Greece and Europe ? A few good housing numbers and the DOW rises ? Something is very fishy here... Fishy? No, something is more than fishy. Something is swamp ass here. Pretend economy. Endless credit/money to the banks at near zero percent interest. Endless financial "derivatives" created by banks off balance sheet. Inflation climbing in FUEL, FOOD. Two most used items. People Doom is here now, we are in the midst of a real situation. How many here have an actual knowledge of what Bankruptcy is? Many do that is why I keep coming back. |
Anonymous Coward User ID: 5859380 United States 05/16/2012 10:04 AM Report Abusive Post Report Copyright Violation | There's always a market "Imploding" or "Carshing" every day. Quoting: -GooGooFlexy- It's all a ruse. There's plenty of money out there. It's just all in the hands of the ones ready to pull the trigger. I pulled the trigger on buying a jar of peanut butter the other day, usual brand. Used to cost me $8 bucks and change a year ago. Todays price? $13.65. |
Anonymous Coward User ID: 15957607 France 05/16/2012 10:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 14981152 Ireland 05/16/2012 10:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 15957607 France 05/16/2012 10:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 16153612 United States 05/16/2012 10:37 AM Report Abusive Post Report Copyright Violation | WHat makes no sense to me... Quoting: Anonymous Coward 15684685 ...Mrs Thatcher put all her political muscle and reputation on the line to keep Britain out of the Euro. At the time, everyone cursed her for keepin Britain out the Euro. Now its proven to be a big bag of piss, yet when everyone should be singing her praises for masterminding keeping Britain out of the Euro, there is a noteworthy silence and not a "thank you Mrs T for saing our butts" to be heard. Was John Major who kept us out of Euro, followed by Gordon Brown who wanted nothing to do with it. So Thatcher, Major, and Brown were all opposed to joining the EU! Did not know that. |
Anonymous Coward User ID: 1121444 United States 05/16/2012 10:41 AM Report Abusive Post Report Copyright Violation | Since the start of may, timewave zero started it's plummet to the end, and i and others said all along that the economies are governed by it. TWZ is plummeting to zero point, and so the markets must follow. It's Godheads will. Quoting: bargoose As an Empath, I picked up the most incredible negative energy in Chicago last weekend, which has not stopped; but in fact, has grown much more negative and ominous every day since arriving back home. I was in the presence of the world's largest security force, executive, who's company will be taking part greatly in NAT0, and several officers. The residual, background negative energy in Chicago at this time is low boil emense. I would advise all empathics to steer clear for the time being, or a mysterious funk might befall you too. I almost died 4 years ago and I had a vision (don't know what else to call it) of CNN having breaking news that Chicago was burning and I saw it, all these skyscrapers on fire like I was seeing it from the sky. ^ i would call that the Future.. |
Anonymous Coward User ID: 1121444 United States 05/16/2012 10:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 7315935 United States 05/16/2012 10:47 AM Report Abusive Post Report Copyright Violation | carshing???? It's called balancing. Look, if the Zionist bannisters are going to finish off their heist, they need to level out the currency values in their "Proposed Unions"... USD vs Canada...leveled right out and the Mexician peso will be buy in a 5:1 or something like that. Europe... gotta get the balance between all as well as those owned countries like islands in the pacific and elsewhere... It is all a leveling process. THEN A NEW WORLD CURRENCY. |
Anonymous Coward User ID: 16155454 Portugal 05/16/2012 11:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 16155454 Portugal 05/16/2012 11:01 AM Report Abusive Post Report Copyright Violation | KOTOK: We Have Bigger Worries Than Greece, Portugal and Spain In his latest column, Cumberland Advisors' founder David Kotok advises his audience that the peripheral Eurozone countries are already a lost cause; it is now Italy that has begun to teeter. Greece, he writes, is doomed. Portugal and Spain are already getting killed in credit markets. "Italy is the one to watch," he says. "It is the 800-pound gorilla and it is sick." Growth, deficits, demographics and a 120% debt-to-GDP ratio are causing it to become unmoored. Its economy is shrinking, not growing. It has failed to rein back the public expenditures. Its demographic composition is impossible to balance with a debt-to-GDP ratio above 120%. "Credit spreads with Italy are widening. I recall that the difference between the ten-year German bond yield and the ten-year Italian bond yield once reached nine basis points. That is correct: 9 basis points. The charts start on page 27 of my old book and depict the good old days. That was only 7 years ago. Look at today’s pricing vs. the old pricing and play the movie backwards and one can see where this is headed. Things are going to get worse." Bottom line: "Italy is the world’s third largest debtor. The test of 'too big to fail' will come with Italy." Read more: [link to www.businessinsider.com] |