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  • Germany’s Schaeuble says Europe needs sustainable growth

    From fxbriefs.com

    Sure does…. France has to keep on its reform path, administration costs are too high; Governments need more structural reforms; Youth unemployment is a major problem in Europe; Italy needs a stable government; Needs to narrow the North-South divide in Europe; Nothing unusual here that we don’t already know

and where doesn' need that?
I am pretty sure that is the goal for any country. The issue is what are you - country leaders - going to do to get it.
When the facts change I change my mind, what do you do sir
so... let cut rate.. to drive down Euro..
Not necessarily. They may have advised this point if they did so a year ago.
When the facts change I change my mind, what do you do sir
I don't see how a rate cut is going to help...borrowing costs for most European countries is back to normal almost...reducing currency value may increase exports short term but doesn't increase personal consumption power, that's the main thing holding back growth across western economies...cost of living too high, ineffective taxation on transnational companies & millionaires, poor wealth distribution...a rate cut Is not a solution
Quoting monkey@forex
I don't see how a rate cut is going to help...borrowing costs for most European countries is back to normal almost...reducing currency value may increase exports short term but doesn't increase personal consumption power, that's the main thing holding back growth across western economies...cost of living too high, ineffective taxation on transnational companies & millionaires, poor wealth distribution...a rate cut Is not a solution
Sorry but I have a different opinion. A rate cut or QE would help a lot companies and individuals. The borrowing cost of the government are still high especialy in the South compare with where we were a couple years ago. Companies will have less cost of Financing as well as individuals that have loans. If QE did not work then USA would not had done it. Simple. Now it is another story if we want a lower euro or not. Southern countries do need it Urgently Northen countries NO. So the question is who will pick up the bill.. Let us see
yes, EU need to be weaken .. ideally at 1.2900. it's just common sense
Quoting Marsfx
If QE did not work then USA would not had done it. Simple.
How can I respond to this?

Best that I don't...
Come with me if you want to live....
OMG, this guy just talks and talks, but do nothing.
Quoting Ill-b-back
How can I respond to this?

Best that I don't...
No it you be good to hear your point of view. It can contribute so we open our horizon please do. I am really interested to hear your point of view. really
Quoting Marsfx
No it you be good to hear your point of view. It can contribute so we open our horizon please do. I am really interested to hear your point of view. really
Just google "Bernanke failures", that will speak more than I can.

"If QE did not work then USA would not have done it, simple".

The only thing in that sentence that makes sense is the word "simple", it describes the depth of your logic.


Tell me, when was the last time Bernanke was right about anything significant?
Come with me if you want to live....
Quoting Ill-b-back
Just google "Bernanke failures", that will speak more than I can.
"If QE did not work then USA would not have done it, simple".
The only thing in that sentence that makes sense is the word "simple", it describes the depth of your logic.

Tell me, when was the last time Bernanke was right about anything significant?
I think people do not realized how flawed QE is. Keynesian economics is flawed. In 2009, it could have made since, but the Fed has leaned on it as a vice. We can look at the stagnant economic data to see that. It has inflated it's balance sheet by 3T. When rates begin to increase shit will hit the fan.

I am not intimate with the UK economy, but they have been stimulating for a while now and we wonder if they will triple-dip into recession territory in 45 min.
When the facts change I change my mind, what do you do sir
Just look at a chart of US money supply, how can this amount if printing create sustainable growth?
How can energy, raw materials and food costs be kept low with this debasement?
They have a go at Japan for its easing policy, what a joke.

Every nation that debases its currency to try and fix its problems has economic catastrophe.

You wanted to hear it...
Come with me if you want to live....
What most commentators refer to as Keynesian economic theory and practice is in fact nothing of the sort. Keynes didn't advocate continual profligate spend, his basic economic theory demanded collecting hay when the sun shined and building up reserves. Unfortunately we've developed a myth that what we're witnessing with QE is a Keynesian stimulus when in fact it couldn't be further from it. This typically would be the bunkering down period of the cycle with taxes increased substantially on those who benefitted exponentially because of the growth phase of the cycle.


Quoting Pip Anon
I think people do not realized how flawed QE is. Keynesian economics is flawed. In 2009, it could have made since, but the Fed has leaned on it as a vice. We can look at the stagnant economic data to see that. It has inflated it's balance sheet by 3T. When rates begin to increase shit will hit the fan.

I am not intimate with the UK economy, but they have been stimulating for a while now and we wonder if they will triple-dip into recession territory in 45 min.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
The reason Europe is doing badly is due to high levels of debt on a personal/corporate/government level...u can either pay this back or default...if you default then it's a giant reset button in which those with wealth above 100k level is lost, but all bubbles get burst and assets return to realistic values...sadly QE, printing in uk, and if ECB ever go down that route, all it does is delay the inevitable or shift the problem to a decade later...sure, a rate cut may restructure debt & finance costs...but people will only spend money if cost of living goes down & salaries go up and that isn't happening due to poor wealth distribution...and that leads to other socioeconomic factors like poor health/poor education/drug n alcohol abuse which all cost the government money to solve which means higher taxes which means less money to spend on the debt and less money for the consumer...a continuous cycle...either reset the system or start redistributing wealth better
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  • Posted: Apr 25, 2013 1:41am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 15  /  Views: 2,498