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- Primate commented Jan 23, 2012
This is not about money printing, it is about euro politicians agreeing and stopping the debt problems. ECB does nothing = market worries about euro and euro goes down. ECB supports bond market (by lending to banks who then buy Italian or Spanish ...
- Primate commented Dec 20, 2011
You mean you will guess wrongly, Shirley
- Primate commented Dec 12, 2011
It is my assessment that the ratings agencies are either criminally incompetent or criminally intended. I mean .......what kind of institution rates Lehman Bros as credit-worthy just days before their collapse? Off korse zey have ze ideas. First, ...
- Primate commented Dec 12, 2011
too right!
- Primate commented Dec 6, 2011
They will listen to a computer because they will not have pre-judged it to be an idiot. Then, when they don't like or otherwise disagree with the answer, they will blame the computer programmers! Yeah but a really powerful computer would consist of ...
- Primate commented Dec 5, 2011
You don't need a computer to spot the impending financial catastrophe, you just need to read the papers. Every now and then there is a really obvious clue. Let's see, I think the last was went something like "I have abolished boom and bust!"
- Primate commented Dec 5, 2011
Not content with wrecking the financial sytem by encouraging the take-up of SIVs based on shaky mortgages, the ratings agencies are now having a go at the sovereign nations. Wouldn't it be nice if they simply went on holiday or something - for about ...
- Primate commented Nov 30, 2011
Euro banks have had trouble obtaining US$ because nobody wants Euro-debt; or maybe they just don't want Euros. In a separate note UK banks have been told to make contingency plans for a possible euro-zone break-up. Watch for the smoke-screen. Maybe ...
- Primate commented Nov 29, 2011
So, you reckon it might be Goldman Sucks? I mean, when they tried their own voice to raise the Euro everybody sold. .....this means the voice of Twitter must be more powerful than the voice of GS !! (..rushes to open Twatter account..)
- Primate commented Nov 29, 2011
yeah, so's he can come back in your dreams to haunt you !!
- Primate commented Nov 29, 2011
Today I was discussing the fact that Italy is now paying nearly 8% to issue bonds with an Italian at work. His opinion is that our whole system has been doomed ever since the first bond was issued (by an English King to build a Navy fleet). We ...
- Primate commented Nov 28, 2011
The trouble is that you don't want the slimy politicians with their hands on the money either.
- Primate commented Nov 28, 2011
I read this article yesterday. I would not call it stoopid, merely designed to sell papers. HOWEVER if you read the last paragraphs (apologies if you did already) the spectre that is raised is not that the Fed might not bail anyone - it is that no ...
- Primate commented Nov 28, 2011
Munitions explosion in Iran.....? Buy OIL !! Sell when American denial is confirmed.
- Primate commented Nov 23, 2011
Well, how long would you wait? No sign of huge movement so far and I think it will remain low. We shall see what Tokyo thinks of the failure of Germany to sell all the bonds it wished to sell. Also we shall see what the earthquake does to the Yen.
- Primate commented Nov 23, 2011
Interesting how the magnitude changed from 5.9 to 6.1 within a few words! Let's hope nobody was hurt, and that there is no tsunami either.
- Primate commented Nov 19, 2011
Goldman Sacks conquers Europe Not if their forex trading performance is anything to go by....
- Primate commented Nov 19, 2011
It might not be sarcasm, especially if you have relatives living in Russia.... There are too many germans who remember the 30s, or who have been taught the dire consequences of money-printing (as practised by Robert Mugabe) by people who were around ...
- Primate commented Nov 16, 2011
Jobs market showing signs of weakness is understating it somewhat. Unemployment continues to rise, businesses continue to restrain their spending plans. Prices keep on rising. No prospect of easing the domestic budget for the foreseeable future. Not ...
- Primate commented Nov 16, 2011
You mean, they tried to manipulate the market!? I can't see GS trying a stunt like that. ....much