DislikedAs an example of that the IMF is highly influenced by the USA. Do you think under present circumstances the American public will stand for a 400 to 600 Billion loan to Italy for 12 to 18 months ?
Do you think Germany will allow the ECB to print money as the FED does now ?
It is only my opinion however after seeing all the attempts at a solution so far it only becomes clearer to me the solution is CHANGE of the STATUS QUO.
Any other comments agreeing or disagreeing are welcome.
I know what I do not know however this is very similar to the...Ignored
Do I think the Germans will allow the ECB to print more cash? I think the recent announcements by Germany/France re:independence of ECB means that the decision is down to the ECB.
So if the question is, 'Will the ECB print more cash......?' if the US introduced QE3, then yes I could see the ECB printing cash. Until that happens, I think they may side-step the issue be introducing some form of eurobond.
On price this week - that IMF news has 'thrown a spanner in the works' so I'm going to sit back look for a few scalps tomorrow :-)
trade well.... we all love the pips :-)
patience is a virtue