"If The Fool persists in his Folly he will become wise." - William Blake
-
The coming week: 11 reasons it’s big
The past week’s continued rally was mostly on rising hopes for progress on the EU crisis. No one believes the big ultimate solution is coming soon. That would require two huge commitments we don’t think the EU is ready to do: Place national budgets under centralized EU control in order to avoid a repeat crisis. That means ceding a huge chunk of national sovereignty. How much control does a nation have if foreigners can determine its budget? More bailouts from funding nations, probably more austerity or asset sales from debtor nations. The current rally is based on a belief that the EU may defer the day of ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 16, 2011 12:11am Oct 16, 2011 12:11am
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1464 Comments
- Comment #2
- Quote
- Oct 16, 2011 1:12am Oct 16, 2011 1:12am
- Raghu_C
- | Commercial Member | Joined Jun 2011 | 119 Comments
- Comment #3
- Quote
- Oct 16, 2011 8:19am Oct 16, 2011 8:19am
- Forbes55
- | Joined Oct 2008 | Status: Member | 3 Comments
ROBOT FOREX
- Comment #4
- Quote
- Oct 16, 2011 9:20am Oct 16, 2011 9:20am
- Guest
- | IP XX.XXX.34.145
- Comment #5
- Quote
- Oct 16, 2011 10:32am Oct 16, 2011 10:32am
- bidong
- | Joined Mar 2011 | Status: Member | 54 Comments
- Comment #6
- Quote
- Oct 16, 2011 10:36am Oct 16, 2011 10:36am
- FX Babie
- | Membership Revoked | Joined Jan 2011 | 35 Comments
- Comment #7
- Quote
- Oct 16, 2011 11:50am Oct 16, 2011 11:50am
- kzazs
- | Commercial Member | Joined Mar 2007 | 65 Comments
- Comment #8
- Quote
- Oct 16, 2011 1:05pm Oct 16, 2011 1:05pm
- RoTy_TeLo
- | Joined Jan 2010 | Status: Junior Member | 1 Comment
- Comment #9
- Quote
- Oct 16, 2011 1:05pm Oct 16, 2011 1:05pm
- oana010
- | Joined Sep 2010 | Status: Member | 2 Comments