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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
if that is the case except weeks 500 pips move
any potential break of a trend can come feed this rumoirs
Germanys financial regulator, Bafin, asked the SEC for details on the suit, a spokesman for Chancellor Angela Merkel said.
Politicians that were forced to bail out their banks during the financial crisis are turning on Goldman, which critics say helped caused the turmoil and profited from it. The European Union is also probing Goldmans role in arranging swaps for Greece that may have masked the countrys budget deficit.
Can IQ be negative a black hole that does not only not emit information but sucks up all IQɬ thus that eventually total IQ is 0 ?
YES! YES IT CAN!
Bafin is a bunch of overpaid govt officials who are ok they work all night and they sleep all day....
Eustat is as big as Bafin but has EU officials who are paid 3 times that of the Bafin thinkers...
spell the word "work" please ... huh? never heard that word.
This is going to outdo the best sketches of Monty Pythons.
treaty ( that is permitted ) and announces Euro II solid_as_a_rock. This is because France is in the crosshairs .... but none of this will happen tomorrow if the meeting is not postponed at all due to the
volcano ashes and restriction of air traffic. So wait I think short gets a bit cheaper before it explodes.
This were indeed something good. Chancellor Merkel's remake of Blitzsieg.... ashes to ashes dust to dust ... I hope the volcanic ashes could revoke cold reason and cease bubble talk.
COME GET SOME
The Icelandic eruptions are not a Black Swan event (which has to be prospectively unpredictable & retrospectively predictable) because none saw it coming. Besides, if we discount potential air travel losses x number of countries, then (in all fairness), we also have to count the offsetting windfall revenues to the countries' coach/rail/ferry & hotel industries! Isn't it?
Eurorail announced that they had NEVER seen so many passengers go on their trains (& they're fully booked until Monday! A friend in Moscow told me this morning that a European delegation to Moscow had to extend their stay (in a hotel) by three days because they can't fly back to Europe. & hey, some tourism will follow as well...so another industry is a beneficiary.
I'd love to hear if the economy was a net winner or a net loser - it would be a close call. Remember...your loss is my win, & vice versa... ;)
Asad
Then we have the GS fraud charge, with its immediate effect on the markets, and a more subtle effect on the reputation of the banking sector in general.
I wonder if we will look back on this time in the months and years to come as another turning point?
Destroy the Eur?