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- Alan5616 commented Dec 15, 2014
Any hike in interest rates would be disastrous. There's already deflation in Europe, and elsewhere. A falling oil price is only adding to the problem.
- Alan5616 commented Dec 9, 2014
The government unemployment figures are a nonsense. There are tens, if not hundreds, of thousands of people on zero hours contracts. At present, the British public are being deluded into believing that George Osborne's policies of cut backs are ...
- Alan5616 commented Aug 15, 2012
You might not have long to wait; big boy!!!
- Alan5616 commented Jul 13, 2012
I wonder whether receptivity has increased within the ever growing number of cities that are going bankrupt every week
- Alan5616 commented Jul 11, 2012
We haven't begun to see the real apocalypse for the Euro, yet. There will be further riots, civil disobedience and general strikes in those countries that face the most stringent austerity measures.
- Alan5616 commented Jul 5, 2012
Bringing this back to pure basics. Where is the logic of trying to integrate countries of a different cultural background and economic blueprint? It has never made sense to me and, probably, never will
- Alan5616 commented Jul 5, 2012
Are you joking? I'm convinced that this is a currency in the death throes of it's existence. There was no intelligent planning, or awareness, of the cultural and economic differences between various members. The Dodo is now extinct and, eventually, ...
- Alan5616 commented Jul 2, 2012
It's going to get a whole lot worse before it gets better
- Alan5616 commented Jun 26, 2012
The ECB have set the monetarist policy for all eurozone countries. These countries have now to rely, solely, on fiscal policies to try and balance their national budget. We have all seen where that leads! The ECB's economic model is a disaster and ...
- Alan5616 commented Jun 23, 2012
The Euro is a smoothly functioning currency? So is the Zimbabwean $ but, only someone with delusional tendencies would try to convince the world that it was economically stable.
- Alan5616 commented Jun 22, 2012
I think we were here before, in 2008. This looks like sub-prime collateral all over again. Don't these idiots ever learn?
- Alan5616 commented Jun 12, 2012
The ECB's plan was to replace the Zimbabwean $ but, they f***ed that up as well!!
- Alan5616 commented Jun 12, 2012
This might just be that odd occasion when he is right. The Euro zone and it's banks are in meltdown and there seem to be no positive signs that this can be reversed
- Alan5616 commented Jun 11, 2012
A month? More like two weeks!!
- Alan5616 commented Jun 11, 2012
Some of the comments on here are strange. Does anybody really believe that x Fib level is relevant once a Euro avalanche begins? If you fancy a gamble, then there's plenty of casinos around.
- Alan5616 commented Jun 10, 2012
Agree with your comment. The Spanish bail out might be a temporary respite.
- Alan5616 commented Jun 5, 2012
If you have any accounts with Spanish banks; close them and move your money somewhere else. I did this 2 weeks ago and advised all my clients to do likewise
- Alan5616 commented Jun 1, 2012
The outlook is negative for the whole of the euro zone. Got cash in any of their banks, take it out and put it elsewhere. That was first item on my list for last Monday. Mission accomplished
- Alan5616 commented Jun 1, 2012
In theory, they did have a choice but, Ireland is in such a mess that it's become a case of "better the devil you know etc"
- Alan5616 commented May 31, 2012
I'm, probably, one of the oldest contributors on FF. I've seen merchant bank, property, tech bubble crashes and more. That doesn't make me any more right than anybody else but, I've experienced a few of these mini financial meltdowns. Nothing, in my ...