Article

2010-05-18 Economy

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Posted by tipper 2010-05-18 16:06|| || Front Page|| [9 views ] Top

#1 Europe is not the EU.

Posted by Bright Pebbles 2010-05-18 17:53|| 2010-05-18 17:53|| Front Page Top

#2 I guess the copy writer was too young to remember when the Euro traded at $.85. So oil and BMWs get cheaper, Boeing exports fewer aircraft.

Posted by ed 2010-05-18 18:06|| 2010-05-18 18:06|| Front Page Top

#3 It's back to the 1950s to 70s when governments fixed their debt problems by so called 'competitive devaluations' and inflating their debts away.

The main thing keeping a lid on inflation right now is declining oil prices. Get a spike in oil prices and the inflation genei will be out of the bottle and away.

Back to the future, 1970s style.

Posted by phil_b 2010-05-18 21:37|| 2010-05-18 21:37|| Front Page Top

#4 "I guess the copy writer was too ~~young to remember~~ lazy and stupid to research when the Euro traded at $.85."

FTFY, phil. No charge.

Posted by Barbara Skolaut 2010-05-18 22:12|| 2010-05-18 22:12|| Front Page Top

#5 'tis all about relativity.
The Euro is being slaughtered in plain view and no one is helping. Cross currencies are dropping like a rock as all flee to the safe haven of the $US. Billion dollar margin calls are the order of the day. The only thing to do do is see Fr Ryan and beg him to say a prayer for the dying. Don't ask what's happening here Down Under. Too
brutal and graphic for a family rated site.
Back to Europe:
Market chaos warning after German ban on shorting
Traders are predicting chaos on the world's second-largest government bond market after the German authorities on Tuesday announced a ban on all naked short-selling in European public debt, as well as shares in the country's 10 largest financial institutions.

Posted by tipper 2010-05-18 23:41|| 2010-05-18 23:41|| Front Page Top

00:02 JosephMendiola
23:52 JosephMendiola
23:49 ed
23:46 USN, Ret.
23:45 JosephMendiola
23:42 ed
23:42 Atomic Conspiracy
23:41 tipper
23:29 tu3031
23:23 tu3031
23:23 JosephMendiola
23:16 Barbara Skolaut
23:14 Frank G
23:12 Frank G
23:12 crazyhorse
23:10 Frank G
23:07 tu3031
23:05 tu3031
23:04 DMFD
23:04 Frank G
23:03 Frank G
22:58 49 Pan
22:53 Mr. Bill
22:50 tu3031