Posts by "lalobertone"

So Catnip, following our thoughts, Either way the Euro poised to be lower. At some point Germany will have to give up and accept some inflation (in order to give some competitivness to the other countries) if it wants the Euro Zone to remain together.

The most I read about Greeces problem the more it looks like Argentina 2001. The same happend when the IMG gave us the bailout package against wage cuts in the public salaries and severe public deficit cuts, i remember it was called tha "blidaje". It was supposed to reduce Argentinas spread an put us on the road again.
The problem was, like its happening in Greece now, that the populaton didnt take it. Riots and striker started.
The result, 6 month later the president resigned and argentina finally defaulted.
It seems like the IMF didnt learn the lesson.
Anyone of you guys feels the same like me? that bail out or not Greece is facing default?
Is there any difference of what happened in Argentina in 2001?

Mafioso: what are your fundamentals/technicals for that asumption?

Anyones guess about what Merkel is gonna talk about??? Good or Bad?

macrosam...what is your fundamental explanation for the gap down of 200-300 pips on Sunday? You feel that bad news will come from Greece during the weekend?