Showing 8170 Results for the euro
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Showing 8170 Results for the euro
Search instead for the euro
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 […]
June 13, 2015
Rating Agencies Testify Before Congress for their AAA-Ratings after 2007 S&P has issued a warning of a UK downgrade if it exits the EU. Quite frankly, we have reviewed the trade flows and this is purely politics; it is certainly not beyond the possibility that S&P is being told what to do and say, just as they […]
June 12, 2015
QUESTION: Hi Marty, if they eliminate cash – how would that affect 3rd world countries? Wouldn’t that add a huge dose of salt on that part of the wounded world? Also would we be back to Silver as the payment that the Tax man does not get? Ala Hunt brothers who bought it when Gold […]
June 10, 2015
It is all show. Now, Merkel desperately wants to bring a signed bailout deal with Greece to secure the euro. Greece managed to raise nearly €3 billion at its debt auction at 2.97% but for six-month securities. While the Greek politicians were delighted, we are talking about six-month paper. Capital is not taking a long-term view […]