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04-11-2012, 11:25 AM
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Monolith
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Don't forget Gordon Brown only sold half our gold at a lost, no wonder Germany looked upon this action as foolish.
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06-11-2012, 04:24 PM
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Monolith
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And the winner is....WALL STREET.
Quote:
Before the Election was Over, Wall Street won
Before the campaign contributors lavished billions of dollars on their favorite candidate; and long after they toast their winner or drink to forget their loser, Wall Street was already primed to continue its reign over the economy.
For, after three debates (well, four), when it comes to banking, finance, and the ongoing subsidization of Wall Street, both presidential candidates and their parties’ attitudes toward the banking sector is similar – i.e. it must be preserved – as is – at all costs, rhetoric to the contrary, aside.
Obama hasn’t brought ‘sweeping reform’ upon the Establishment Banks, nor does Romney need to exude deregulatory babble, because nothing structurally substantive has been done to harness the biggest banks of the financial sector, enabled, as they are, by entities from the SEC to the Fed to the Treasury Department to the White House.
In addition, though much is made of each candidates' tax plans, and the related math that doesn’t add up (for both presidential candidates), the bottom line is, Obama hasn’t explained exactly WHY there’s $5 trillion more in debt during his presidency, nor has Romney explained HOW to get a $5 trillion savings.
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Full Article
Before the Election was Over, Wall Street*won - Thoughts - Nomi Prins
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06-11-2012, 04:28 PM
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Monolith
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08-11-2012, 06:30 PM
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Monolith
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Bundesbank is making rather odd statements about their gold abroad!
Read between the lines and you get..."Oh Heck...Errrrr".
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13-11-2012, 05:27 PM
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Monolith
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Quote:
Morale among Germany's analysts and investors sank in November as the crisis in the euro zone pounded its top economy, which looks increasingly at risk of joining the region's periphery in recession.
Tuesday's unexpectedly gloomy survey from the ZEW think tank followed a run of domestic data showing the private sector contracting, business sentiment plummeting, jobless rates rising and industrial orders dropping.
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Going down?
Read on...
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The head of Germany's BGA trade association, Anton Boerner, said on Tuesday both exports and imports would rise to record levels next year as global trade picked up to offset the downturn in the euro zone.
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So lets get to grips with this, Germany is in trouble but is doing great!  
Sinking German investor morale fuels recession talk - Yahoo! News UK |
13-11-2012, 06:10 PM
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Monolith
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17-11-2012, 03:16 PM
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Monolith
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Last edited by Monolith; 17-11-2012 at 05:07 PM.
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