This market is just running on headlines right now. We either go higher on some kind of ecb backstop, or we get merkeled and crash lower. So unless you can predict what kind of backstop you get out of europe, there's no point predicting the xmas rally.
What qualifications does this German cow have to singlehandedly decide the economic future for an entire continent? Does Merkel even have a clue about economics, finance and the credit markets?
Yeah when credit markets are dead, and banks and financial system wiped out, it has no effect on the economy. I'm sure countries and companies don't need to borrow money to function on a daily basis, and that without access to credit these companies won't start firing and increasing unemployment...
Exactly, why are they a member of the EU if they just want to stay independent. Get the F out of the Euro and see how their exports get crushed with an overvalued currency. They have taken charge of the EU and are now totally responsible for a Euro death because they can totally prevent it...
Government is so disgusting. Who is in charge? Who is accountable for all this garbage? They all just blame each other and nothing gets done. These people need to hang for their criminal acts, instead they get to rob everyone and get away with it. Obama is a joke. This country needs a real...
Maybe they're still mad about the World Wars. There are no alternative solutions, either backstop or let Europe implode. Either Merkel is an idiot or evil.
Where are the consequences? These politicians are putting their own interests ahead of the lives of everyone else in the country. This is criminal behavior. If they were hired to do a certain job that seriously affects the country and refuse to do it, there needs to be some severe punishment.