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View Poll Results: How long does the euro have left?
Monday 4 3.85%
Before/near Xmas 12 11.54%
Mid-February 34 32.69%
It'll stay intact due to an overnight hallmark 54 51.92%
Voters: 104. You may not vote on this poll

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  #321  
Old 29.06.2012, 14:14
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Re: How long does the Euro have left?

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Dratt!
And double dratt!!
This is not what we really want, is it?

European shares rise on eurozone bank bailout deal

http://www.bbc.co.uk/news/business-18641174
Depends what you call a deal

Details are not clear & they have given themselves at least one year to organise it.


They are still just kicking the can down the road.
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  #322  
Old 29.06.2012, 14:50
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Re: How long does the Euro have left?

I wonder whether it was this deal that caused the jump, or whether it was the Obamacare ruling. I guess any type of certainty is good for the markets with the trainwreck we're in right now.
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  #323  
Old 29.06.2012, 15:16
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Re: How long does the Euro have left?

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As far as one can tell Europe's leaders now have no other solution left but to create more (electronic) money and hope for the best.
Certainly did work for the US of A for the past... what... 40 years?
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  #324  
Old 29.06.2012, 15:19
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Re: How long does the Euro have left?

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Certainly did work for the US of A for the past... what... 40 years?
Worked ever since they kicked the gold standard off the field
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  #325  
Old 29.06.2012, 15:31
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Re: How long does the Euro have left?

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I wonder whether it was this deal that caused the jump, or whether it was the Obamacare ruling. I guess any type of certainty is good for the markets with the trainwreck we're in right now.
That would seem strange since the article shows Nasdaq and Dow Jones down.

ETA: It seems that's a changing ticker constantly being updated. Sorry. :blush:
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  #326  
Old 29.06.2012, 15:54
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Re: How long does the Euro have left?

Pssssst! whisper...whisper...NYSE is 6 hours behind.
8:50 Friday (EDT) - Time in New York, NY, USA

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That would seem strange since the article shows Nasdaq and Dow Jones down.

ETA: It seems that's a changing ticker constantly being updated. Sorry. :blush:
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  #327  
Old 29.06.2012, 16:38
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Re: How long does the Euro have left?

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Pssssst! whisper...whisper...NYSE is 6 hours behind.
...
... what makes them close later?
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  #328  
Old 29.06.2012, 16:52
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Re: How long does the Euro have left?

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Pssssst! whisper...whisper...NYSE is 6 hours behind.
8:50 Friday (EDT) - Time in New York, NY, USA
Really? Gosh I don't know how I made it through life before you mentioned it.

The ticker is NOW reading DJ & Nasdaq is up. When I commented it was down. The counter isn't fixed as I originally thought and it could confuse people. I knew I should have just deleted it.

And I don't know where you are getting your time. But the article you posted is showing GMT on my computer. 29 June 2012 Last updated at 13:50 GMT OMG!!
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  #329  
Old 29.06.2012, 17:14
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Re: How long does the Euro have left?

?????????????????????



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Really? Gosh I don't know how I made it through life before you mentioned it.

The ticker is NOW reading DJ & Nasdaq is up. When I commented it was down. The counter isn't fixed as I originally thought and it could confuse people. I knew I should have just deleted it.

And I don't know where you are getting your time. But the article you posted is showing GMT on my computer. 29 June 2012 Last updated at 13:50 GMT OMG!!
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  #330  
Old 29.06.2012, 17:49
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Re: How long does the Euro have left?

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?????????????????????
It seems we are done here.
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  #331  
Old 02.07.2012, 23:39
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Re: How long does the Euro have left?

Never a dull moment!!;
Germany's highest court says it will hold a hearing next week on applications for injunctions against the eurozone's permanent rescue fund and Europe's new budget-discipline pact.
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  #332  
Old 04.07.2012, 14:54
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Re: How long does the Euro have left?

Seems the people who work at the ECB are complaining they are excessively overworked & have no capacity for new work.
So much for leading the new euro central financial management from the centre.
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  #333  
Old 04.07.2012, 15:19
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Re: How long does the Euro have left?



That guy is awesome!
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  #334  
Old 05.07.2012, 15:16
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Re: How long does the Euro have left?

In a decision widely anticipated by financial markets, the ECB today reduced its main policy rate by a quarter of a percentage point to 0.75 per cent, the first time it has pushed the rate under 1 per cent. The ECB also cut the interest rate on its deposit facility to zero.
Now theoretically we should see a cut in Swiss mortgage rates
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  #335  
Old 06.07.2012, 14:05
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Re: How long does the Euro have left?

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According to today's Tagesanzeiger, the SNB foreign currency holding at the end of May 2012 is 303,7 Billion CHF.
Any guesses how much this will grow?
And now 365Billion
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  #336  
Old 06.07.2012, 14:35
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Re: How long does the Euro have left?

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And now 365Billion
ah, only a billion per day for a year then
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  #337  
Old 06.07.2012, 14:38
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Re: How long does the Euro have left?

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That guy is awesome!
He sure is!!! I often wonder how such an honest, well spoken, intelligent guy was able to climb the political ladder so high without being kicked out or ruined... I always look forward to seeing new videos from him!!!
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  #338  
Old 06.07.2012, 16:44
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Re: How long does the Euro have left?

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ah, only a billion per day for a year then
Or about 46 thousand CHF for each & every man, woman & child living in Switzerland (if I got the decimal point in the correct position).

If it all went wrong then we could never pay off such a debt??
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  #339  
Old 06.07.2012, 16:50
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Re: How long does the Euro have left?

http://www.telegraph.co.uk/finance/debt-crisis-live/


Finland would consider leaving the eurozone rather than paying the debts of other countries



haha if you think about how stupid it is:

It's like leaving in a flat share. Your southern Europe origins flatmate not working much, staying at home, buying things and doing lot of expenses.
And you are suppose to be the one who's going to pay, without even the right to question the situation....
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  #340  
Old 06.07.2012, 18:22
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Re: How long does the Euro have left?

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He sure is!!! I often wonder how such an honest, well spoken, intelligent guy was able to climb the political ladder so high without being kicked out or ruined... I always look forward to seeing new videos from him!!!
Great thanks
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