Forum > View Topic (Article)
This thread was started in response to the Article:
Eurozone Core, USD Index & Swiss Knife
Watch the risk of contacgion into Eurozone core nations, as well as the USD Index monthly rise and the broadening gains in the Swiss franc.
do u think it will the .95 within this time frame?
thanks
now time for .95 within next two/three wks
DOLLAR SWISSIE AT .981 then heading to 95
as for euroswiss it touches a resisitance and poised to go down
do you still see 1.25 in EUR/CHF ?
thank You
b.
achnacarry two
or
los kadetes de linares el carrito. pemex monte de piedad
Ashraf
http://www.youtube.com/watch?v=_nRLiZrkHEY&feature=player_embedded#!
Niall Ferguson of Harvard University spoke with Bloomberg Television on the subject of bond markets and the threat of a speculative bond attack against the United States.
0:35 Bond vigilantes are similar to those who were shorting invest banks a few years ago. They will keep climbing the quality of countries, similar to how they did with banks.
1:35 There is no example in history of any country growing out of this sort of debt position, except for Britain in the early 1800s, which had empire and industrial revolution on its side.
2:10 What is worrying is that there is no inflation, which is the easy way out of this sort of financial situation. Default now seems the only escape, and the U.S. may choose that path with unfunded liabilities like Social Security.
3:00 Nothing would scare the market more than if the government followed Paul Krugmans call for more stimulus.
The fate of the financial reform legislation in the Senate apparently depends on whether it contains a tax increase. The conferrees hastily re-convened to remove one tax objected to by Senator Brown. Okay. That was a good move. But lets not forget a couple of basics: (1) the imposition of massive new regulations on the banking and financial system will raise costs that may not be called taxes, but will have a similar effect. (2) the incidence of that cost-tax probably wont be what was intended. Banks, like other businesses, will likely pass most of the additional cost onto their customers.
http://taxesandbudget-blog.ncpa.org/