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  • Greenspan predicts exit from euro inevitable

    From bbc.com

    The former head of the US central bank, Alan Greenspan, has predicted that Greece will have to leave the eurozone. He told the BBC he could not see who would be willing to put up more loans to bolster Greece's struggling economy. Greece wants to re-negotiate its bailout, but Mr Greenspan said "I don't think it will be resolved without Greece leaving the eurozone". Earlier, UK Chancellor George Osborne said a Greek exit would cause "deep ructions" for Britain. Mr Greenspan, chairman of the Federal Reserve from 1987 to 2006, said: "I believe [Greece] will eventually leave. I don't think it helps them or the rest of ... (full story)

  •  Guest
  • | IP XX.XX.237.93
Sometimes, i really wonder, why journalism even bother to quote or interview Greenspan?! For what exactly, reeling the same opinions since 1995 and yet every time proven wrong ?!!!!
  •  Guest
  • | IP XX.XXX.149.229
Guessing the emporer 's clothes has a new book coming out.
Why would anyone pay attention to a word this man says.
i would think greece leaving would strengthen the euro
man this crazy old dude always here to stir the pot.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
well, Greece leaving euro has always been an options on the table for a very very long time now. I guess there is nothing wrong having someone steps up and say it again.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
hope they do that so their currency is cheaper than a monopoly paper as happens right now in Venezuela, Podemos should also win in Espaņa so they also pulverize their market economy, badly look like a communist spectro is all over Europe.
When money markets are still broken (that's why we have QE policies) negative Greece issues create Euro stench. Yes, Euro will recover but from what level? Part of CHF background story - lesser of two evils. get out.
Greece exit Euro
Euro to parity with USD
Should be all done by 2017.
Quoting Mingary
Greece exit Euro
Euro to parity with USD
Should be all done by 2017.
if Greece and other toxic economies leave Euro, it should estabilize and rise.
Why exit? They have to find another scape goat and excuses. Export is good. Regional is growing. QE and more QE. All of this good stuff have to go, if exit.
If Grease have exited, EU would be 1.45 atm and No QE. Who will benefit?
Quoting Mingary
Greece exit Euro
Euro to parity with USD
Should be all done by 2017.
You have a 2 year target for 1300 pips? 2 pips a day?
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
You have a 2 year target for 1300 pips? 2 pips a day?
Not sure what you mean, but 2017 should be the time when interest rates start going up like crazy ...
Quoting OnlineAddict
You have a 2 year target for 1300 pips? 2 pips a day?
lol. he means your 2year target is waaaay out of wac. maybe you mean by end of Q42015 (quoting mingary)
who thinks what of usd/jpy @ current 118.60 levels & the eur/usd @ current 1.1325 levels.
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  •  Guest
  • | IP XX.XX.9.174
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  • Story Stats
  • Posted: Feb 8, 2015 4:12pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 15  /  Views: 5,036