'What happened to Europe's collapse ?'

Quote from trefoil:

The article misunderstands the underlying problem: the euro lowers Europe's long-term growth rate, tilts the entire European economy heavily towards benefiting Germany and basically looting the rest of the place, and so makes the kind of imbalances you see in the PIIGS pretty much inevitable.
The politics of the euro mean no one is getting out any time soon. That'll change, but betting on when is like betting on when the RE market would pop prior to when it did. Everyone knew it was a problem, but no one knew when it was going to blow everything up. Ditto with the euro.


You just confirmed AGAIN my comments elsewhere about you.

MORON! :)


>>> Everyone knew it was a problem, but no one knew when it was going to blow everything up. Ditto with the euro. <<<

Jackass amateur. God do I love it so to eliminate these pricks when they are caught off guard from their usual PRETENDING!!!!

:) :) :D :D
 
Quote from Picaso:



However, with China, Japan and the US trying all to out-poor the others, I don't see the euro either actually breaking politically or collapsing in value.

My EUR 0.02

I dont know why you included china in this, it makes no sense.
 
It all comes down to the banks. Someone will screw up and expose it all, probably sooner than later. Germany banks will be shown to be screwed too. Sentiment can change on a dime.
 
Quote from Wallace:

"The much anticipated economic demise hasn't happened.
Looks like the Continent's bust was a bust."
Michael Elliott, contributor, On Friday September 17, 2010, 5:30 am EDT
http://finance.yahoo.com/news/What-happened-to-Europes-hftn-1314322966.html?x=0



Another way to look at it ..

HERD sentiment in the first recovery wave after a crash wave matches that of the TOP and in some cases, exceeds it. Its all a perfect setup for the next wave down, which is the killer wave and therefore by definition must rope in as many wildebeest as possible - it appears to have accomplished this nicely.

Now we wait.
 
If newbies stumble in here .... (I'm eliminated auto because I'm new)

take note of these losers - a master list will be ready in a few months. If you decide to follow these individuals the answer is clear - the best you will ever hope to achieve is LOSE BIG.

Wallace, Petsamo, Trefoil, Tsing Tao, dumb mother, hoffmanw, Picaso, newguy05,

(note1: psytrade not included, still under observation)

(note 2: Wallace is a special case in that he is one of the most helpful people here and generally means well and is devoid of subterfuge and is never a pretender. But he don't know doodly, that's his problem) :) :)
 
The "unlimited" IMF/ECB backstop happened.

The drastic budget cuts necessary to prevent an EU-wide blowout have yet to materialize. The "bridge financing" was the multi-lateral loan. The proverbial can was kicked down the road...
 
Quote from hoffmanw:

They got bailed out by China.



.....Germany, more than most other Western industrialized countries, is currently tying its economic well-being to China's recovery. Trade with Beijing is the most important driving force behind the current German upswing. It also explains why economists also foresee a bright future for the German economy in the medium term....


http://www.spiegel.de/international/world/0,1518,713478,00.html

really now. and since both germany and china are big exporters with little to no domestic demand, hows that gonna work out
 
Quote from deadbroke:

If newbies stumble in here .... (I'm eliminated auto because I'm new)

take note of these losers - a master list will be ready in a few months. If you decide to follow these individuals the answer is clear - the best you will ever hope to achieve is LOSE BIG.

Wallace, Petsamo, Trefoil, Tsing Tao, dumb mother, hoffmanw, Picaso, newguy05,

(note1: psytrade not included, still under observation)

(note 2: Wallace is a special case in that he is one of the most helpful people here and generally means well and is devoid of subterfuge and is never a pretender. But he don't know doodly, that's his problem) :) :)

what is wrong with you? what i mean is, what mental disfunction do you suffer from

did I attack you?
 
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