EURUSD "woop woop pull up" last sound pilots hear before crashing into ground. EUR looks very sick today and Greece has all but said they are dropping the EUR.
Nice synopsis of EU situation. So what has changed in three years? US corporates had a run when MM funds moved to treasuries during the crisis here. Fed then stepped in. Nothing changes. FED will just print more money and exchange it for anything including EU debt under the disguise of a swap...
Have two email addresses gmail and hotmail. One email used for "signing up" and another for personal only emails.
Hotmail is good for filtering spam....mostly for ED pills :)
I wonder if the Aussie central bank sees the writing on the wall hence lowering cash rate to 4.25%. Looks like commodity demand will be falling in 2012
As for property prices they are still falling in my town located in MA.
News out of China is looking bad. Looks like a property crash is happening as well as an economic slowdown as exports fall. Eurpoean exports falling by double digit numbers from last year. Riots happening as property prices fall and speculators getting burnt.
Happy Xmas one and all!!
Yip. Question is if we have a depression. Europe is imploding...China also.
Now we see that Black Friday sales are boomeranging back to stores as returns at record rates.
Merry Xmas all!!
:p
Starting to look like we have a classic run "away" happening with the euro. Better to sell now than tomorrow aye. Looks like everyone wants out of euros. ECB must start to have a flood of euros on its hands to deal shortly.
The protests are spreading. BoA branches being targeted tomorrow in parts of MA.
Odumbo may eventually ban social media to control this thing like Egypt and Syria.
Arab Awakening (spring rising) now the American Awakening (fall rising.
Marriage. If ever think about wanting a divorce make sure you check out your states laws.......don't do it in MA unless you want a for life alimony sentence!
Uncle Ben. The so called expert on the great depression aye! Was he even alive then and did he actually live through it? NO!!!
There is a an old saying "Those that can't work, teach!" Thank you Uncle Ben please go back to teaching pleasssseeeee.
Uncle Ben your QE theory just doesn't work...
BAC is getting desperate now. They are selling off the household sliverware.
Mortgages to FNM (backdoor government bailout) and front door sale of holding in China Bank. Sure "everything is OK" wink wink Dimon...