[Jimnik]

Why do Germans always have to see the worst in every scenario? FFS, these are NEGATIVE interest rates we're talking about in the middle of a euro crisis. Let's cheer the fuck up.

Wir müssen uns nicht immer sorgen.

[Jimnik]

Originally Posted by Rrrainer

ron paul jr. asking for an intervention by central banks?! what a crazy world we live in...

Rand Paul would never ask for an intervention.

[Merton]

Another link from the same source: (Gavyn Davies)

http://blogs.ft.com/gavyndavies/2012...#axzz1jeZpO7Ov

[Merton]

Originally Posted by Jimnik

Why do Germans always have to see the worst in every scenario? FFS, these are NEGATIVE interest rates we're talking about in the middle of a euro crisis. Let's cheer the fuck up.

Wir müssen uns nicht immer sorgen.

Nothing to cheer about there. The benefit for Germany is trivial compared with the implied uncertainty for investment decisions. Not to mention the implications for liquidity on Germany's European neighbors, that will come back to hurt Germany after some time.

[Jimnik]

Originally Posted by Merton

Nothing to cheer about there. The benefit for Germany is trivial compared with the implied uncertainty for investment decisions. Not to mention the implications for liquidity on Germany's European neighbors, that will come back to hurt Germany after some time.

Not really, unless Germany feels obliged to bail them out again. The problem is only as bad as the panic it creates. Germans typically overreact to situations so, in that sense, it could come back to hurt. But economically there's no reason they should be worried about this.

[Rrrainer]

http://www.cnbc.com/id/46010889

Downgrade Not Worst of France's Problems

"France is probably the most retarded country in Europe in considering the fact that its social model is broken...Unless they plan a new relationship between the people and the government then France is probably the most dangerous country [in Europe]...Sitting with relatively high budget deficit and debt stock, France is much more vulnerable to a downturn than, for example, Germany...If another French downgrade were to be happen, and that is not a foregone conclusion at all, it would most likely be triggered by further erosion of the fiscal consolidation strategy and the downside scenario of a euro zone recession..."

france...always france...

[fast_clay]

most countries have had plenty of time, over 3 years to restructure for a gloomier day... no pity for france

[Rrrainer]

fascinating:

[fast_clay]

Originally Posted by Rrrainer

fascinating:

i want to read this... but i can't in it's current form bro, too small... have you a link...?

[Jimnik]

Croatia voting overwhelmingly to join the EU. They would probably love the euro too. This EU can't be so bad.

Also I'm very glad they've joined America in banning oil imports from Iran. One of the best collective decisions ever made by the EU.

[AdeyC]

Originally Posted by Jimnik

Croatia voting overwhelmingly to join the EU. They would probably love the euro too. This EU can't be so bad.

And the irony is that if countries that were in were given a vote - they'd vote to leave.

[Rrrainer]

@ fast clay

http://www.businessdegree.net/black-market/

second time now that imageshack doesn't work the way it's supposed to. gotta find a new host.

[Jimnik]

Originally Posted by AdeyC

And the irony is that if countries that were in were given a vote - they'd vote to leave.

The grass is always greener on the other side.

[fast_clay]

Originally Posted by Rrrainer

@ fast clay

http://www.businessdegree.net/black-market/

second time now that imageshack doesn't work the way it's supposed to. gotta find a new host.

cheers man... epic set of charts

[fast_clay]

if anyone would like to read a unique Irish perspective, here you go...

http://bocktherobber.com/2012/01/imf...to-euro-crisis