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80 Posts Total by "cygnus":
69 Posts by member
cygnus
(New York, United States)
11 Posts by Anonymous "cygnus":
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cygnus
New York, United States
Posts: 63
12 years ago
Jan 18, 2012 0:23
In Thread: EUR
On the TV news here in the States they actually played radio transmissions between the Port Authority and the Captain while the Captain was in a life boat. The transcribed recording had the Port Authority officer yelling at the Captain over the coarse of 48 minutes to get his cowardly ass back on the ship and help the people. It seems like the Captain just sat in the life boat with his first Officer. Then they played another radio transmission between the Coast Guard and the Captain with similar content.
cygnus
New York, United States
Posts: 63
12 years ago
Dec 29, 2011 4:42
In Thread: EUR
Game on:
http://www.reuters.com/article/2011/12/28/us-iran-hormuz-closure-idUSTRE7BR09E20111228 .
http://www.thedailybeast.com/articles/2011/12/28/u-s-israel-discuss-triggers-for-bombing-iran-s-nuclear-infrastructure.html

2012...
cygnus
New York, United States
Posts: 63
12 years ago
Dec 19, 2011 4:01
In Thread: EUR
Kim Jong Ronery!
http://www.youtube.com/watch?v=0W5w691w0jE
cygnus
New York, United States
Posts: 63
12 years ago
Dec 16, 2011 20:51
In Thread: EUR
Its things like this that make this time of year so great:
http://www.freep.com/apps/pbcs.dll/article?AID=2011111216011
cygnus
New York, United States
Posts: 63
12 years ago
Dec 12, 2011 16:04
In Thread: EUR
http://ca.news.yahoo.com/latvias-largest-bank-fights-off-depositor-run-rumours-103638265.html
cygnus
New York , United States
Posted Anonymously
12 years ago
Dec 12, 2011 15:43
In Thread: EUR
Ahoy!

Especially where I am in Midtown, Manhattan gets ridiculously packed with people this time of year. It's difficult to walk down the street at times.

1.3150 does seem righteous but - long term - I think the euro will have much larger leg down.
cygnus
New York , United States
Posted Anonymously
12 years ago
Dec 11, 2011 17:52
In Thread: EUR
It was European defaults that precipitated the worst of the last deflationary depression in the 1930s.http://www.bloomberg.com/news/2011-04-18/greek-default-drive-risks-reviving-euro-region-contagion-as-bonds-plunge.html

Euro zone banks remain inadequately capitalized. With over 30:1 leverage, they make their US and UK counterparts look conservative.

There might be a pop for eur/usd before the next large leg down.

cygnus
New York, United States
Posts: 63
12 years ago
Nov 28, 2011 22:24
In Thread: EUR
You can almost feel the current flowing; you can almost see the circuits blowing...
cygnus
New York, United States
Posts: 63
12 years ago
Nov 28, 2011 3:32
In Thread: EUR
DJ reports that IMF package to Italy has no credibility.
cygnus
New York , United States
Posted Anonymously
12 years ago
Nov 27, 2011 18:47
In Thread: EUR
Although its grim, I'm afraid Bass is likely correct.

Only the USA and UK have recapitalized their banks. Remember, Germany has defaulted twice in the last 100 years.

If the euro banks collapse, the eurozone could lose 50% of its GDP. Next could be Japan, which has the worst financials and demographics in the world (at present, only a 2% interest rate rise on Japanese debt might be enough to cause a default) . The USD will likely sky-rocket. There would be a deflationary depression.

Thanks for sharing, Dave.
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