Showing 7500 Results for the euro
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Showing 7500 Results for the euro
Search instead for the euro
June 27, 2015
The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout extension. This is the typical human response in the face of uncertainty. Greece can pull out of this if they comprehend what really […]
June 27, 2015
QUESTION: Hello Martin. some weeks ago you said the Euro has to break through the 1,15 Level to test at the very best the 1,20 . Is this over now and confirmed that the 1,14 / 1,15 was the top ? Best regards JB-Germany ANSWER: It appears that is the case. The way to gauge […]
June 27, 2015
The Eurozone, or Euroland, is now getting ready to deal with a Greek debt default next week after refusing to extend credit following Prime Minister Alexis Tsipras’ surprise announcement of a referendum on an offer from creditors that the people in any real democracy should have a right to vote on. Brussels prefers dictatorship and […]
June 22, 2015
The Greek proposals included higher taxes, welfare charges, and steps to curtail early retirement. This is simply more deflationary pressure that will crack Greece apart. However, Prime Minister Alexis Tsipras is not prepared to cut nominal pension or wage cuts first sought by lenders, which would more likely than not spark revolution. Tsipras, who was elected in January […]
June 22, 2015
Greece’s former representative to the IMF, Panagiotis Roumeliotis, testified in front of the special parliamentary committee concerning the outstanding Greek debt. He revealed that the IMF has been training journalists to support the Troika. Roumeliotis testified: “The IMF trained [journalists so that] Greek journalists can promote the positions of the IMF and the European Commission in Greek media.”
June 21, 2015
The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy functions in the least. They just cannot see the problem for they lack a mirror and will never question themselves as a problem. Consequently, the same line of thinking […]
June 18, 2015
We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they force it to default, no big deal. They are starting to come to their senses, but for how long? Zeit Online has reported a dramatic turn […]
June 18, 2015
October Release of the World Share Market Reports We are now preparing the World Share Market Reports and will not be taking orders until they are published in October. They will be available by either download or hard copy. The set of three will be priced at $1500 (U.S. dollars). The WEC Princeton attendees will […]
June 18, 2015
There is the old saying “Beware of Greeks bearing gifts” refers to the story of the Trojan Horse. Yet in Eastern Europe, because of the defaults of the Byzantine Empire onward, the long-standing saying was that someone was “Bankrupt like Greece.” The two countries who are serial defaulters in Europe are France and Spain. The Spanish […]
June 15, 2015
Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s EU commissioner said it was time to prepare for a “state of emergency”. Our models have long favored a Greek Exit (Grexit). We suspect that there will be the […]