mercredi 14 septembre 2011

That is just one of the pending problems and the best proof there is a lack of good will. - have hopes that Friday Second Geithner will make clear that that kind of stuff can't go on any longer. From continental europe, it is almost impossible to trade at a reasonable cost stocks and bonds on the LSE ( minimum comes up to € 40 per trade) or the LIFFE, with most financial institution u can't access Norway, Sweden, Asian bond and stock markets or Australia and New Zealand. That is unacceptable.
I suggest for a first shot early morning Asia FX, Bonds still best haven from Europe - Reuters
These are the numbers as of today,
>>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.
I doubt it. But it will happen just a matter of time I guess. I just don't know yet but post ww2 and since then half the actual eurozone has lived with a monkey currency, disorder and not just in public finances, low ethics high ideology bias in politics and often in business while the other half lived and built strong currencies, lived by strong standards in public finances, high ethics and low ideology in politics and in business. It is a big divide and I can't support the idea that it is ok to ruin those efforts that took place in the Netherlands, Finland and a few others just because some including the french politicians have engaged into crazy spending spree and policies.
I doubt it. But it will happen just a matter of time I guess. I just don't know yet but post ww2 and since then half the actual eurozone has lived with a monkey currency, disorder and not just in public finances, low ethics high ideology bias in politics and often in business while the other half lived and built strong currencies, lived by strong standards in public finances, high ethics and low ideology in politics and in business. It is a big divide and I can't support the idea that it is ok to ruin those efforts that took place in the Netherlands, Finland and a few others just because some including the french politicians have engaged into crazy spending spree and policies.
Latest, u got the Raffarine a former french gov PM that explains the actual crisis in the eurozone by the speculation industry intervention over taking the markets and undermining euro gov actions....
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

Jonathan, be good...!

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.

I did but think it was a joke when he made the call for the Finns to act responsibly and stop playing national politics at the EU level... But apparently he wasn't . Not sure what he meant as by looking at it y r kind of tempted to say everybody else didn't act responsibly for the past ten years starting with those for who it was a duty they got paid for I mean the reckless Brussels and Strasburg bureaucracy, a majority of gov in the eurozone that kept voting budget deficits and lived on a crazy spending spree the purchase power injected in the currency allowed knowingly aware they never did anything for the strenght of that purchasing power... so why is that suddenly the Finns should act responsibly when absolutely nobody did for an entire decade? Not to mention this type of accusation is patronising, I mean for someone representing the entire lot that has been getting drunk and now want to sue those who didn't because they r healthy and they shouldn't ... Saw Zoellinck

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

Bloody cute...! But - can't tolerate that kind of language.
What's her name?
How do I know. It isn't an investigation finding, it's a deduction following what she said ;)) don't know for second part. For what u asked I'd put it that way, make it simple otherwise it's goinna turn into teachin rocket science to donkeys. Here we go, the general idea is u can't get paid twice... Once because the rescue package is saving a big chunck of ur investments and twice with a collateral... So, the more u indirectly benefit from the rescue package the less or none collateral u get to make it simple. An alternative to say it would be, ur loan part of the rescue package can't get double collateral once directly to garantee the loan twice by boosting the value of investments made when the rescue package kicks in. Thr more directly or indirectly through the financial system u benefit from the rescue package the less or none collateral u get for ur share of the loans comnposing the package. Now u may start to understand why to be treated equally, the countries participating in the package can't get an equal level of collateral. A country not benefiting at all or for very little of the rescue package can't be asked to take risks just to see some other countries making a direct profit of the package, to be fair and offer an equal risk reward balance for the participation in the rescue package for Greece, it is legit to see some countries getting a nice collateral while others will be rewarded through the value of their investment exposed to a much greater risk without the rescue package.
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!
He just asked is it true parisot is on drugs :)) got 31 days to go - can't wait to put some distance between me and thez fuckin frencxh crooks

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?

Well I can’t do any better right now, after reading if anyone is still buying a plot story against the euro “Uncle Sam orchestrated” because of rivalry with the USD…, can’t help. Below a widely shared view among investors worldwide….

Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.

There is no plot and could u get your acts together? The Kerviel affair has raised a lot of eyebrows exposing some worrying flaws of the computerised accounting system accuracy. It was a fifty billions position that went unnoticed for months, as far as we know, it could have been more and the consequences could have proved to be fatal. Is this computerised accounting flaw isolated the answer is no, other companies in the real estate management have proved to have dire computed accounting problems starting with a BPCE subsidiary. Today the full extent of the sovereign junk on banks and insurance companies books are questioned and I do too question the positions reported, are they accurate?
Ok. So here we go
I read it, what r we supposed to say? It is just insane, yesterday she said Uncle San orchestrates a plot and today she wants to hang Lagarde. Think she should be arrested, didn't Gueant mentioned he was actively fighting drugs consumption?

lundi 29 août 2011

Never heard about that.... It appears to me that the most shared negative opinion isn't related to austerity policies but to some very legit demand regarding the EU debt mess. The explanations given, the previous Greek gov (small devil) was a cheat it got help from Goldman from Wall Street from NYC, three times devil big time... are not satisfactory, those really frustrated with the politicians and have reached a breaking point if there is any make some legit points. Starting with we don't care who cheated and how or if it got help or not, we want to know what exactly were doing the hundreds of reps in Strasburg paid over $15000 a month, aren't they in charge of anything including a legitimate surveillance of public finances?, what were doing the EU banking regulators for years?, what were doing the Brussels administration in charge of the currency and public finances for the EU? What have been doing the national banking regulators in countries most exposed to the Greek debt? What were doing the parliaments of those countries and what are they doing today? All of them failed big time and frankly whether the previous greek gov cheated or not can't be an excuse for the failure of national banking regulators, EU banking regulators, National and EU reps in charge of public finances. Those frustrated today are asking, everyone single one of those elected by us and paid with tax money or just paid when they are regulators have failed us, we are getting the bills and not single one of this bench are investigated, sanctioned or sacked for their lousy job.
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