Tag Archives: Euro

Is the US Killing the Euro?

by  Dr_Volkmar_G_Hable  : The technical picture of the USD shows a large  descending triangle which is an indication for further downside for the USD. This  chart is in sharp contrast to the repeatedly announced “strong-dollar policy”  by the US administration. … Continue reading

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Seeking Clarification Please!

From From :Christopher M. Quigley to: Thomas For your attention: Sent To All Dail Member Today: “Pacta Sunt Servanda” “Article 4 states that a country must not have a debt bigger than 60%of what it produces in a year (its … Continue reading

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GREEK TRAGEDY TURNS INTO CONGAME FARCE

BY  Jim_Willie_CB Notice the debt  solution to the debt problem handed to Greece, shoved down their throats.  More specifically, observe the austerity budget requirements that assure  economic deterioration. No exception has been offered, yet the same  prescription is applied that results in … Continue reading

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Default, Exit and Devaluation as the Optimal Solution

  This report was sent into us today : Many economists expect catastrophic consequences if any country exits the euro. However, during the past century sixty-nine countries have exited currency areas with little downward economic volatility. The mechanics of currency … Continue reading

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Sorting Out the Euro Mess

By Anatole Kaletsky, Charles Gave, Francois Chauchat – GaveKal Starting With the Bad News… Although the usual post-summit rally should not be too hard to   orchestrate in the thin markets around Christmas, there was more bad   news than good for the … Continue reading

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Could the Euro and Dollar Go One-to-One?

by Anthony Wile This is a funny question to ask given that the dollar is in the dumps  and the euro has had a strong rally since the region’s top Eurocrats  “saved” the euro this week. But in Europe, where … Continue reading

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Swiss Government Ruins Franc

by Staff Report at the Daily bell The Swiss franc tumbled against the euro and dollar on Tuesday after the Swiss National Bank   set a minimum exchange rate target of 1.20 francs per euro to combat the strength of the   … Continue reading

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Why the mortgage crisis could be a €40bn problem and not a €6bn one

After bubbling under the surface for the past three years the issue of mortgage arrears finally erupted this week.So just how big is the problem? Almost certainly a lot bigger than most of us realise. The latest banking statistics from … Continue reading

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Euro Crisis a Death by A Thousand Day Trades

By: Christopher M_Quigley Labour unrest, collapsing employment, bankrupt public coffers, riots and sovereign debt default.This all might seem unexpected however in 1995 a former European Union economist Bernard Connolly foretold it all in his classic book “The Rotten Heart of … Continue reading

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Figures reveal we are paying up to 6.48% on 10-year loans in the bailout!

By namawinelake Figures supplied today by the National Treasury Management Agency (NTMA) show that Ireland has drawn down €22.36bn from the IMF/EU bailout agreed last November 2010. The figures show that the blended average rate of interest charged is 5.58% … Continue reading

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