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The Fed has merely saved the day, not the system (and I'm echoing the legendary Jim Rogers here, who originally made similar comments directed at the ECB's actions during a CNBC interview on Oct. 17, 2011.).
The more drugs you inject into an addict, the more dependent he becomes on them. The Fed's actions are not a solution on anything more than a short-term basis.
Put another way, now our government is directly involved in saving somebody else's bacon at a time when, arguably, we don't have our own house in order.
Originally posted by marg6043
Wenesdays rally in the markets nothing but a farce,
The fed is losing hold on the global financial situation, to avoid the EU financial crisis to finally come back home, they are saving the crisis for one more day, because that is what the bailout will do, buy another day
moneymorning.com...
French President Nicolas Sarzoky laid out his defense of the euro to the French public as he prepares his constituents for a new economic reality.
Originally posted by wondera
We will be fine as long as banks and countries are continually bailed out
here is a look at the 2012 financing issues.
www.bloomberg.com...
2 Trillion plus in European tresuries and bank bonds, and that is
just the eruo-zone. if they can't calm the market down those tresuries
will not be sold, nobody is going near Europ if they can help it
and the've got to ofload 2 trillion in treasuries. that doesn't include
an expansion to the ESEF. if the big bang isn't this year, then it'll be
next year .
Originally posted by DangerDeath
www.marketwatch.com...#!321273EC-4915-4109-9A64-16F87BA BD20E
SARZOKY!!!
They have renamed the guy who is about to "prepare" his "constituents"...
French President Nicolas Sarzoky laid out his defense of the euro to the French public as he prepares his constituents for a new economic reality.
Let us be "prepared"
"Let me tell you about New Euro. It will have... 15 ZEROS!"edit on 2-12-2011 by DangerDeath because: (no reason given)
Originally posted by marg6043
reply to post by wondera
And that is what I am trying to understand and I cannot, why will I buy bonds from nations that are about to fall economically or that are having economic problems, the bonds can turn into trash any day is not security.
So to me, the selling of bonds is nothing but a scam, so who are the biggest buyers of this bonds? I am wrong to say that is other nations, like the EU they buy bonds from each other? or is also individual investors like big investing firms buying in behave of their holders?
Because if that is the way things are done, I am sorry but is nothing but a big scam and fall they will, like I say here and many like me, this countries keep buying each other debt to keep themselves from economic collapse, but for how long can you do that?.
edit on 2-12-2011 by marg6043 because: (no reason given)
Originally posted by marg6043
reply to post by Vitchilo
Propaganda is such a great manipulation of the mind.
. . . according to Citigroup calculations.. . .
. . . US economist at Bank of America Merrill Lynch . . .
Originally posted by Vitchilo
Yeah according to the unemployment numbers, 1.5 million people died in the last month.
Sure... maybe a nuclear attack on a city didn't make it to the news? Cover up?