FOREX - Trends, Forecasts and Implications (Episode 19: September 2012) - page 124

 
solar:

If Germany leaves the EU, there will be no EU at all. But is it profitable for them to leave? Who will milk the smaller countries? Telling us that they are bastards who don't let us live ....
It won't leave the EU, it will leave the euro and that's it. It will be like England being a member of the EU and having its own printing press.
 
margaret:

this is from my terminal news feed.... my opinion, if Merkel loses the election next year (and according to information to date she will), Germany will withdraw from the eura and it (the eura) will then go under parity... The eu will remain on its own, but it is nothing without Germany...


good scenario for the debtor countries....owe them less ))))

whether it is likely or not....it is possible in principle...

 

Parny needs help What is it

2012.09.10 18:40:20 '6257743': order buy 5.00 EURUSD opening at 1.27816 sl: 1.27791 tp: 1.27876 failed [Invalid S/L or T/P]

Also why is the price and stop loss the same:

Price 1.25618 Stop Loss 1.25618 Take Profit 1.25698


Take Profit 60 pips

Stop Loss 20

 
Vizard:


a good scenario for debtor countries... they owe less ))))

Whether it is likely or not...it is possible in principle...

The decision to bail out the eurozone is not up to the European Central Bank. It lies with politicians.

>The ECB only created the necessary conditions to prevent a complete collapse of the euro. It has promised to give as much money as needed to support the bond markets in the beleaguered countries as long as European politicians, especially German politicians, agree.

>This agreement is based on the "tough on conditionality" that ECB president Mario Draghi spoke of. Conditions will be set by the European EFSF/ESM funds as part of their stabilisation programmes and possibly by the International Monetary Fund.

> Neither the EU nor the IMF want the collapse of the eurozone. In fact, they really do want to make sure that everything possible is done to prevent its collapse. This means that a full programme of fiscal reforms may not be as severe as people think, and a "preventative" programme may be far inferior to the austerity measures that led to the massive recession of European economies.

>Greece may well prove to be a litmus test.

>The Spiegel article explains how important it is for German Chancellor Angela Merkel that Greece remains in the eurozone. The market consensus is that there is a very high probability that Greece will exit within the next year or so. But a Greek exit from the eurozone would make it obvious that the euro is not permanent. Investors would therefore always demand a conversion premium on bonds issued by weaker eurozone countries and denominated in euros.

>If the demands on Greece are relaxed considerably and the country is given more time to meet them, life is also likely to be relatively easier for Spain and Italy.

>It is worth remembering that the Maastricht criteria limiting budget deficits of eurozone governments to three percent of GDP and public debt to 60% of GDP were ignored from the start. Not only Italy and Greece, but also Germany and France violated them.
 
margaret:
It will not leave the EU, it will leave the euro and that's it

Let's juggle words, yes I have heard that version .... If they leave the euro, what will the EU be like? Do they really benefit from it? Don't forget that Germany only got out of the looming recession by creating the euro... They squeezed everything out of the donor countries and everything is great. Hello printing press in general is the most realistic option. Politicians are lazy now. It's easier to steal from their citizens by pumping money into the economy.
 

margaret:
Решение о спасении еврозоны стоит не за Европейским центральным банком. Оно стоит за политиками.

>ЕЦБ лишь создал необходимые условия для предотвращения полного краха евро. Он обещал давать столько денег, сколько потребуется для поддержки рынков облигаций в осажденных кризисом странах до тех пор, пока на это согласны европейские политики, и в первую очередь немецкие.


In the long run it's all a poultice....they'll be chasing dough back and forth....then they'll start printing....driving themselves into a dead end in a global perspective....and we need to work...

the euro may rise with all this of course... but the end is inevitable ))))

 
Политики сейчас ленивы.

What can they do? Are there any options?

Von Samaras would be happy to implement austerity, but the citizens revolt - and he ended up between a hammer and anvil.

 
margaret:

>The Spiegel article explains how important it is for German Chancellor Angela Merkel that Greece remains in the eurozone. The market consensus is that there is a very high probability that Greece will exit within the next year or so. But a Greek exit from the eurozone would make it obvious that the euro is not permanent.
I also think there could be a chain reaction...
 

The situation in the indices has changed and a strengthening of the euro is now likely

 
Vizard:
I also think there could be a chain reaction...
In fact, with Draghi coming in there is so much uncertainty and unpredictability... who knows... but it's a fact that there are bloody times to come... there's no way to avoid it...
Reason: