This is not about money printing, it is about euro politicians agreeing and stopping the debt problems. ECB does nothing = market worries about euro and euro goes down. ECB supports bond market (by lending to banks who then buy Italian or Spanish ...

You mean you will guess wrongly, Shirley

It is my assessment that the ratings agencies are either criminally incompetent or criminally intended. I mean .......what kind of institution rates Lehman Bros as credit-worthy just days before their collapse? Off korse zey have ze ideas. First, ...

too right!

They will listen to a computer because they will not have pre-judged it to be an idiot. Then, when they don't like or otherwise disagree with the answer, they will blame the computer programmers! Yeah but a really powerful computer would consist of ...

You don't need a computer to spot the impending financial catastrophe, you just need to read the papers. Every now and then there is a really obvious clue. Let's see, I think the last was went something like "I have abolished boom and bust!"

Not content with wrecking the financial sytem by encouraging the take-up of SIVs based on shaky mortgages, the ratings agencies are now having a go at the sovereign nations. Wouldn't it be nice if they simply went on holiday or something - for about ...

Euro banks have had trouble obtaining US$ because nobody wants Euro-debt; or maybe they just don't want Euros. In a separate note UK banks have been told to make contingency plans for a possible euro-zone break-up. Watch for the smoke-screen. Maybe ...

So, you reckon it might be Goldman Sucks? I mean, when they tried their own voice to raise the Euro everybody sold. .....this means the voice of Twitter must be more powerful than the voice of GS !! (..rushes to open Twatter account..)

yeah, so's he can come back in your dreams to haunt you !!

Today I was discussing the fact that Italy is now paying nearly 8% to issue bonds with an Italian at work. His opinion is that our whole system has been doomed ever since the first bond was issued (by an English King to build a Navy fleet). We ...

The trouble is that you don't want the slimy politicians with their hands on the money either.

I read this article yesterday. I would not call it stoopid, merely designed to sell papers. HOWEVER if you read the last paragraphs (apologies if you did already) the spectre that is raised is not that the Fed might not bail anyone - it is that no ...