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Posts by "coolshades"

57 Posts Total by "coolshades":
53 Posts by member
coolshades
(United Kingdom)
4 Posts by Anonymous "coolshades":
coolshades
UK
Posts: 53
14 years ago
Feb 23, 2010 8:21
In Thread: EUR
pippedoff, are you buying or selling against $? and also are you on any messengers? would love to interact.
coolshades
UK
Posts: 53
14 years ago
Feb 12, 2010 13:36
pippedoff, whats with you and goldman? its boring now.
coolshades
UK
Posts: 53
14 years ago
Feb 10, 2010 11:07
re xaron,callum and montmercy's posts,

there is a significant difference between the eurozone issues and the usd issues.

no matter how bad the debt is in california, new york or wherever, those arent independent nation states and will NEVER be allowed to drown. the Federal government WILL step in to save them with whatever measure possible, even if that is printing money.

in the eurozone, the solutions are less clear. i doubt greece, spain and portugal will be allowed to leave the union and go back to their old currencies. in fact that will never happen. however the structure of the eurozone economies will be seriously tested because all these are independent nation states WITHOUT the ability to print their money to freedom!

i would not be surprised to see civil unrest in greece, spain and portugal in the coming months.

at the end of the day for the large funds, this is all about perception of risk and the USA any day is perceived to be less risky than the eurozone, given the current issues today.