Home › Forums › Financial Markets/Economics › Euro getting slammed
- This topic has 53 replies, 11 voices, and was last updated 12 years, 8 months ago by
Jazzman.
-
AuthorPosts
-
February 26, 2010 at 4:40 PM #519581February 26, 2010 at 7:42 PM #518856
Rich Toscano
Keymaster[quote=Nor-LA-SD-guy]As bad as “The Powers That Be” are here in the U.S.A., they are far worse most everywhere else.
[/quote]Here in the US, they would just print a bunch of money to solve the problem.
How is not printing your way out of every problem “far, far worse?”
I’d say it’s better.
edit:
To be clear, I meant that the behavior of the ECB is better than its US counterpart.
Greece may be worse than the US in terms of its indebtedness… but only marginally so! 😀
Rich
February 26, 2010 at 7:42 PM #518714Rich Toscano
Keymaster[quote=Nor-LA-SD-guy]As bad as “The Powers That Be” are here in the U.S.A., they are far worse most everywhere else.
[/quote]Here in the US, they would just print a bunch of money to solve the problem.
How is not printing your way out of every problem “far, far worse?”
I’d say it’s better.
edit:
To be clear, I meant that the behavior of the ECB is better than its US counterpart.
Greece may be worse than the US in terms of its indebtedness… but only marginally so! 😀
Rich
February 26, 2010 at 7:42 PM #519288Rich Toscano
Keymaster[quote=Nor-LA-SD-guy]As bad as “The Powers That Be” are here in the U.S.A., they are far worse most everywhere else.
[/quote]Here in the US, they would just print a bunch of money to solve the problem.
How is not printing your way out of every problem “far, far worse?”
I’d say it’s better.
edit:
To be clear, I meant that the behavior of the ECB is better than its US counterpart.
Greece may be worse than the US in terms of its indebtedness… but only marginally so! 😀
Rich
February 26, 2010 at 7:42 PM #519382Rich Toscano
Keymaster[quote=Nor-LA-SD-guy]As bad as “The Powers That Be” are here in the U.S.A., they are far worse most everywhere else.
[/quote]Here in the US, they would just print a bunch of money to solve the problem.
How is not printing your way out of every problem “far, far worse?”
I’d say it’s better.
edit:
To be clear, I meant that the behavior of the ECB is better than its US counterpart.
Greece may be worse than the US in terms of its indebtedness… but only marginally so! 😀
Rich
February 26, 2010 at 7:42 PM #519636Rich Toscano
Keymaster[quote=Nor-LA-SD-guy]As bad as “The Powers That Be” are here in the U.S.A., they are far worse most everywhere else.
[/quote]Here in the US, they would just print a bunch of money to solve the problem.
How is not printing your way out of every problem “far, far worse?”
I’d say it’s better.
edit:
To be clear, I meant that the behavior of the ECB is better than its US counterpart.
Greece may be worse than the US in terms of its indebtedness… but only marginally so! 😀
Rich
March 21, 2010 at 10:27 PM #529497briansd1
GuestI agree with Rich.
America can print money but Greece can’t.
It’s a good thing that, so far, everyone is willing to accept the money that we are printing.
A weaker Euro actually works out quite well for German exporters. Hence the delay in coming up with a plan. I doubt that Greece will default.
Greek bonds are now paying 6%.
Aside from leaving the Euro Zone, austerity and deflation is the only way out for Greece.
March 21, 2010 at 10:27 PM #529238briansd1
GuestI agree with Rich.
America can print money but Greece can’t.
It’s a good thing that, so far, everyone is willing to accept the money that we are printing.
A weaker Euro actually works out quite well for German exporters. Hence the delay in coming up with a plan. I doubt that Greece will default.
Greek bonds are now paying 6%.
Aside from leaving the Euro Zone, austerity and deflation is the only way out for Greece.
March 21, 2010 at 10:27 PM #529139briansd1
GuestI agree with Rich.
America can print money but Greece can’t.
It’s a good thing that, so far, everyone is willing to accept the money that we are printing.
A weaker Euro actually works out quite well for German exporters. Hence the delay in coming up with a plan. I doubt that Greece will default.
Greek bonds are now paying 6%.
Aside from leaving the Euro Zone, austerity and deflation is the only way out for Greece.
March 21, 2010 at 10:27 PM #528690briansd1
GuestI agree with Rich.
America can print money but Greece can’t.
It’s a good thing that, so far, everyone is willing to accept the money that we are printing.
A weaker Euro actually works out quite well for German exporters. Hence the delay in coming up with a plan. I doubt that Greece will default.
Greek bonds are now paying 6%.
Aside from leaving the Euro Zone, austerity and deflation is the only way out for Greece.
March 21, 2010 at 10:27 PM #528559briansd1
GuestI agree with Rich.
America can print money but Greece can’t.
It’s a good thing that, so far, everyone is willing to accept the money that we are printing.
A weaker Euro actually works out quite well for German exporters. Hence the delay in coming up with a plan. I doubt that Greece will default.
Greek bonds are now paying 6%.
Aside from leaving the Euro Zone, austerity and deflation is the only way out for Greece.
March 22, 2010 at 8:40 AM #528700all
ParticipantI suspect there is a lot of obfuscation and manipulation, big players talking their book. Like with $140 oil, $3 BAC and $1 F stock.
Less than a year ago Baltic countries and Hungary were supposed to collapse and disappear in a puff of smoke. What happened with that?
March 22, 2010 at 8:40 AM #528830all
ParticipantI suspect there is a lot of obfuscation and manipulation, big players talking their book. Like with $140 oil, $3 BAC and $1 F stock.
Less than a year ago Baltic countries and Hungary were supposed to collapse and disappear in a puff of smoke. What happened with that?
March 22, 2010 at 8:40 AM #529279all
ParticipantI suspect there is a lot of obfuscation and manipulation, big players talking their book. Like with $140 oil, $3 BAC and $1 F stock.
Less than a year ago Baltic countries and Hungary were supposed to collapse and disappear in a puff of smoke. What happened with that?
March 22, 2010 at 8:40 AM #529637all
ParticipantI suspect there is a lot of obfuscation and manipulation, big players talking their book. Like with $140 oil, $3 BAC and $1 F stock.
Less than a year ago Baltic countries and Hungary were supposed to collapse and disappear in a puff of smoke. What happened with that?
-
AuthorPosts
- You must be logged in to reply to this topic.