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Qiman
(United States)
20 Posts by Anonymous "qiman":
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Qiman
United States
Posts: 237
14 years ago
Jun 25, 2010 3:36
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Regarding natural gas derived from shale and the fracturing methodology, which is expanding into central and western Europe, this is one of the most disturbing articles you can read on the environmental consequences. As facts become better known and opposition grows, it might call into account the future of this process and resultant natural gas supply/price considerations:
http://www.vanityfair.com/business/features/2010/06/fracking-in-pennsylvania-201006?currentPage=all
Qiman
United States
Posts: 237
14 years ago
Jun 24, 2010 19:43
In Thread: WorldCup2010
So Ashraf still sees Holland as the favorite. I am torn between Argentina and Brazil, with Uruguay being a dark horse with their defensive wall.
Qiman
United States
Posts: 237
14 years ago
Jun 24, 2010 18:46
In Thread: WorldCup2010
Congrats to Slovakia, who played with heart and cleverness. And best of success in the next round!
Qiman
United States
Posts: 237
14 years ago
Jun 23, 2010 17:38
In Thread: WorldCup2010
I watched the whole US-Algeria game, very intense! Was very impressed with many players on both sides. What did the board think of the disallowed US goal in the first half? It looked good to me, but I am no expert on the game, some of you have played it or watched it most of your lives.
Qiman
United States
Posts: 237
14 years ago
Jun 22, 2010 3:19
In Thread: WorldCup2010
Here is an article which manages to explore both the world cup and international economics!

"I was asked the other day how the Spanish should respond to their crisis. "Easy," I said, "so long as they beat Honduras and Chile, they'll be fine." The World Cup is a tricky old thing."
http://www.independent.co.uk/news/business/comment/stephen-king/stephen-king-we-await-the-day-western-nations-opt--to-default-by-stealth-2006251.html
Qiman
United States
Posts: 237
14 years ago
Jun 22, 2010 1:33
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Which two "large and complex banking groups" were on the brink of collapse? We may find out in late July when the stress test results are published, a move described by Deutsche Bank chief Josef Ackermann as "very, very dangerous".

And are we any safer now that the EU has failed to restore full confidence with its 750bn (505bn) "shock and awe" shield, that is to say after throwing everything it can credibly muster under the political constraints of monetary union? This is the deep angst that lies behind last week's surge in gold to an all-time high of $1,258 an ounce.

The World Gold Council said on Friday that the central banks of Russia, the Philippines, Kazakhstan and Venezuela have been buying gold, and Saudi Arabias monetary authority has "restated" its reserves upwards from 143m to 323m tonnes. If there is any theme to the bullion rush, it is fear that the global currency system is unravelling. Or, put another way, gold itself is reclaiming its historic role as the ultimate safe haven and benchmark currency.
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7841961/Gold-reclaims-its-currency-status-as-the-global-system-unravels.html
Qiman
United States
Posts: 237
14 years ago
Jun 21, 2010 18:59
In Thread: JPY
Following up on the post regarding the Yuan since it was posted in this topic heading:

Nobel-Prize Winner Mundell Signals Yuan Move Will Erode Economic Stability

Robert Mundell, the Nobel Prize- winning economist, signaled that Chinas pledge to return to a more flexible exchange-rate policy may erode stability in the global and Chinese economies.

Keeping the yuan pegged to the dollar has been a great source of stability for China and the world, the Columbia University professor told reporters in Hong Kong today. While U.S. President Barack Obama welcomed the move, he is not an economist, Mundell said.

Mundell, credited as the intellectual father of the euro, has previously called for the European currency to be fixed against the dollar, saying exchange-rate swings were a cause of the global financial crisis.
http://www.bloomberg.com/news/2010-06-21/nobel-prize-winner-mundell-signals-yuan-shift-may-erode-economic-stability.html
Qiman
United States
Posts: 237
14 years ago
Jun 21, 2010 18:56
In Thread: EUR
Decades ago the two subjects were wisely taught together under the title of Political Economy--it is impossible to fully separate them into two different disciplines. Two sides of the same coin of Power. You must understand the whole coin . . .
Qiman
United States
Posts: 237
14 years ago
Jun 20, 2010 16:19
In Thread: WorldCup2010
Algeria has no fear of the United States at the World Cup.

Algeria's surprising 0-0 draw with England saved it from becoming the first team to exit the World Cup. Now the north Africans are targeting a win over the Americans and a spot in the next round.

"If Algeria plays to its potential we don't need to worry about our opponents," midfielder Karim Matmour said Sunday. "If we play our style of football we can beat anyone."
http://nbcsports.msnbc.com/id/37807411/ns/sports-world_cup/
Qiman
United States
Posts: 237
14 years ago
Jun 20, 2010 2:57
In Thread: Will the Euro Break Apart?
Germany and France examine 'two-tier' euro

Germany and France are examining ways of creating a "two-tier" euro system to separate stronger northern European countries from weaker southern states. The creation of a "super-euro" zone would initially include France, Germany, Holland, Austria, Denmark and Finland.

The likes of Greece, Spain, Italy, Portugal and even Ireland would be left in a larger rump mostly Mediterranean grouping.
http://www.telegraph.co.uk/news/worldnews/europe/7837874/Germany-and-France-examine-two-tier-euro.html
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