mercredi 14 septembre 2011
>>In Germany, deposits by financial institutions, which account for one-third the total, declined 12 percent over the same period and 24 percent since the September 2008 collapse of Lehman Brothers Holdings Inc., ECB figures show. In France, where the erosion started last year, the same type of deposits, which make up half the total, are down 6 percent since June 2010. They have fallen 14 percent since May 2010 at Spanish banks, where they account for one-fifth of the total.
Anything else? ECB has all the numbers and not yet a catastrophe... But I'd expect the trend to accelerate as many start to question gov actions and the consequences of bailouts.
It is appalling! - don't what the bastbipip is taking about, speculation industry... What can it be ? Any idea? Have read ur piece. Good. Recommend Belger's on Bloomberg if I haven't damaged his name a former Merrvin's adviser. Am on my way, will tell u later but it appears if taking Japan gauge that it should be around 1800 by second quarter 2012, timing is difficult.
lundi 12 septembre 2011
No I disagreed and still do… It is too late, for banks to raise capital should the intent to be Markets reassurance … doesn’t make sense now unless states buy the paper. It was necessary since Lehman’s collapse exposed the weaknesses of continental europe, a true stress test no cheat and should have been done following the bailout payments, for a little while, following the move, those institutions able to pay back govs had little time to raise capital and improve their ratios and restore even further both trust and lending, but they didn’t and it is too late now for that. To get them out the storm the last option is to unload their books of all the toxic sovereign assets, then raise capital.
?? Cramer had a funny one EU regulators clueless..??? Seen it? What is remarkable there is u have no one absolutely no one to say what President Obama had no problem sayin, I mean, at the time he said the regulators were slipping at the switch…. but there…. nothing, everybody did just fine, nobody made mistakes… oh, yeah. the Greek previous gov, a small devil, and Super Devil LLoyd who helped the small one dodged the EU…. according to the cute bureaucracy… With the scale of the consequences of their careless job whether politicians or bureaucrats, I just wonder if they understand that by saying that it makes them the world worst bench of dummies ever in power?
vendredi 9 septembre 2011
mardi 6 septembre 2011
no, honestly… thought the guy was joking. Well, I don’t know yet, wasn’t it worth the try, it is early to say no, nevertheless, a decade is fair enough, those guys have missold the currency and now facing the odds of their failure and lies. Go back in time and look at how and what were the arguments to sell the euro to the various nations, to make it short, growth, jobs, a sort of Deutche Mark for everyone free and a joyful future…. Enjoy….. Not once, these guys told their nations, u r not just going for a new currency, ur going for a new culture regarding the financial management of public finances, to keep the euro and to keep it healthy, deficits and debt must be fought and the price to pay will be tough. These national conversations never took place and politicians to get reelected for the past decade cheated, in Greece, yes but not just in Greece, everywhere else as well, probably not to the extent the “previous gov” as they say in Brussels did, but except northern eurozone, everybody else, including France did their part to weaken the currency and to get the zone as a all into a crisis with the mountain of debts building, something not one gov or Brussels and Strasburg ignored….. and paying attention to what they say today, they aren t still into that necessary national conversation with their nations….
A dead end for now if they don’t find the courage to address their people with a true language and a renewed deal they can honor. Are they credible enough for that kind of exercise? I’d say no right now they don’t even have the guts to tell the truth….
Do u agree with what he said as opposed to Van Rompuy. I do.
I strongly oppose any patronizing of the Finns, the Dutch or anybody else for that matter, their position make sense and more importantly is absolutely consistent with their handling of public finances for the last decade and they don’t carry any responsibility in the EU debt crisis. If everyone else had had the same sense of the common wealth good the Finns and the Dutch showed over the last decade, there will be no EU debt crisis….. That’s my state of mind right now.
jeudi 1 septembre 2011
what does it mean… don’t ask me… wasn’t there I just don’t know, just read it just like I guess u did… well, it says the deal is dead but it doesn’t mean much cause the idea that some had in mind to fund their losses in Greece with the Finn’s and a few others tax money will not happen that I can tell u. Finn gov disappear with a project of that nature, the guys won’t accept it and Ft had not that long ago the same kind of broiling in the Netherlands and it has not gone away as far as I know.
mercredi 31 août 2011
And u should add If u don't get it, I give up.
To be honest I heard the same kind of crap about Finland demand on several french medias telling audiences that countries can't be asking for "special treatment" and or do what they want and more...
Good luck!
mardi 30 août 2011
she is the french boss of bosses if u see what I mean. I understand u find the all thing rather weird but it’s rather a common stance along the french elites at least when speaking publicly or in the medias with a french audience. Now, is it more a hopeful stance to please what they think the average guy expect or do they don’t work and just bull sheet to look smart. Guess what I’d say both!
Anyway, did u get it?
lundi 29 août 2011
What would u tell them? I come short, thery failed, all of them and they r still running the show, people are disgusted and well they get really frustrated when those failures make fun ofon them explaining Uncle Sam, rating agencies the greek gov and some other phony excuses are responsiblefor the EU debt mess, they feel really disenfranchised and humiliated their own gov or and press think they are that dumb...
With the data published I think bwe amy be able to establish the failures.
hised