How France scrapping the euro could go beyond a &#x2018;Lehman moment&#x2019;

Quoting shinny

Disliked

Here come the scare stories again.....

Ignored

Agreed

Last sentence of paragraph 1 says it all :-)

"according to analysts at Deutsche Bank"

Useful sentence though as it is a crypto message for "read no further"

OZTrader22

Feb 24, 2017 7:42pm

I do think there would be more volatility if France leave the EU but it would be more in French bonds as investors are unsure about the Euro to French Franc relationship and in the Euro itself. You saw volatility in the GBP when the UK left and there would certainly be volatility in the Euro if France leave.. Armageddon, no I don't think so, just bonds and currency volatility and some economic adjustment. I think they should leave, why stay, Belgium has any country in trouble under their thumb and the only way to take independent action is to leave

Feb 23, 2017 10:46am

Quoting NewtonsCash

Disliked

Didn't we just hear all this from the idiot at the B of E Carney, scaring folks once with a line and no back up is easy, twice and the guy selling the line is a fool ........ Vive La France, tell Junkers where he can stick his rubbish currency

Ignored

Carney's opinions go whichever way the wind blows, in this case out of Juncker's arse.

Exodus

Feb 23, 2017 11:20am

Quoting kenleander

Disliked

The Commonly Not Being Conscious company had another brain fart.

Ignored

Nooo... it is simply the Clowns with No Bloody Clue regurgitating the propaganda of Dumb Bankers...

The Fools ignore list population currently 1,444 ... must be an underground tunnel to Mexico!

Exodus

Feb 25, 2017 1:20am

I can't see how the French leaving the Euro would affect existing bonds. The French government would have to stand behind its promises, otherwise its credit rating would evaporate. With the onset of any New Francs then future FGBs would be issued in the new currency, the old bonds would simply expire at the allotted time and be redeemed in Euros. Suppose the New French Franc were to rise relative to the Euro ... the French would be laughing all the way to the end of the bond cycle.

DrManhatten

Feb 23, 2017 9:56am

Quoting Devauxt

Disliked

{quote} You wouldn't be trying to imply that DB would have anything to gain by putting out such an incendiary statement? Surely DB have no bias and are as pure as the driven snow, honest broker if you like. Sorry, I'm being facetious

Ignored

What else were they suppose to say? Their propaganda along with every other EU force will pull out all the stops to head this off on the pass. Desperate times calls for desperate measures! For an Org like DB, having been involved with so many scandals, they are almost on the same playing field as MSM. Their credibility is circling the drain, so what ever they say can be taken with a grain of salt.

DrManhatten

Feb 23, 2017 9:59am

The world still goes on, and no body gives a second thought to Lehman anymore, other than the occasional post apocalyptic financial references, no one bothers to remember who Lehman ever was! More scare tactics as the French elections approach closer and using Leman Brothers downfall to create a false equivalency is a weak example!

robgsxr

Feb 23, 2017 10:06am

Quoting Devauxt

Disliked

{quote} You wouldn't be trying to imply that DB would have anything to gain by putting out such an incendiary statement? Surely DB have no bias and are as pure as the driven snow, honest broker if you like. Sorry, I'm being facetious

Ignored

Something like that :-) this was the last article I read that provides some guidance on the management teams integrity.

"How Deutsche Bank Made a $462 Million Loss Disappear"

Trader#FFA5

Feb 23, 2017 10:05am

Quoting Devauxt

Disliked

{quote} You wouldn't be trying to imply that DB would have anything to gain by putting out such an incendiary statement? Surely DB have no bias and are as pure as the driven snow, honest broker if you like. Sorry, I'm being facetious

Ignored

Something like that :-) this was the last article I read that provides some guidance on the management teams integrity.

"How Deutsche Bank Made a $462 Million Loss Disappear"

Feb 23, 2017 10:24am

France will scrap the Euro. They never really let go of the Franc. Far too proud and nationalistic to share a bank account with all the basket case losers.

The Fool

Feb 23, 2017 11:04am

Trade against whatever the pollsters and bookies say.

Mosmoney

Feb 23, 2017 9:57am

If only all the countries that joined the Euro had met the 3% spending criterion in the first place the euro would be a strong currency. We all know that many didn't meet the standard and had their books "creatively accounted"!

Perhaps the French leaving would allow a proper re-balancing of the European economies in the euro. Pipe dream? Possibly. With so many disillusioned voters is it any wonder that the project looks increasingly in danger.

kenleander

Feb 23, 2017 9:07am

The Commonly Not Being Conscious company had another brain fart.

Feb 23, 2017 9:46am

Quoting robgsxr

Disliked

{quote} Agreed Last sentence of paragraph 1 says it all :-) "according to analysts at Deutsche Bank" Useful sentence though as it is a crypto message for "read no further"

Ignored

You wouldn't be trying to imply that DB would have anything to gain by putting out such an incendiary statement? Surely DB have no bias and are as pure as the driven snow, honest broker if you like.

Sorry, I'm being facetious

Feb 23, 2017 10:46am

Quoting SickOfScam

Disliked

Europe is not able to produce such a genius like Bush Junior so they should look for new Lehmans rather somewhere else. "...creating a crisis worse than the fall of Lehman Brothers"

Ignored

What the hell are you talking about?

Feb 23, 2017 11:14am

Quoting Devauxt

Disliked

{quote} Two words Drunkard Junker

Ignored

Juncker's a Eurocrat Arse
His thoughts are quite simple and sparse
A face like an ass
Conceited and crass
He's leading the world's biggest farce!

Feb 23, 2017 11:26am

Quoting jen101

Disliked

{quote} Juncker's a Eurocrat Arse His thoughts are quite simple and sparse A face like an ass Conceited and crass He's leading the world's biggest farce!

Ignored

Excellent. What do you call it? "Ode to Junker the drunkard"

Feb 23, 2017 12:44pm

Quoting SickOfScam

Disliked

{quote} 1. you should read the article before commenting 2.you should know something about Lehman Brothers and other BushJunior miracles 3. love your poetry

Ignored

Some say that you are rather dim and cannot understand you;
Some say that you are guilty of disgraceful use of the English language and cannot understand you;
Some say that you jumble your words and cannot understand you.

Or perhaps your language and communication skills are out of this world, well beyond the capabilities of us mere earthlings.

shinny

Feb 23, 2017 9:01am

Here come the scare stories again.....

glenngie

Feb 23, 2017 9:03am

don't think it will happen

Feb 23, 2017 10:59am

Quoting SickOfScam

Disliked

Europe is not able to produce such a genius like Bush Junior so they should look for new Lehmans rather somewhere else. "...creating a crisis worse than the fall of Lehman Brothers"

Ignored

Two words Drunkard Junker

SickOfScam

Feb 23, 2017 12:04pm

Quoting jen101

Disliked

{quote} What the hell are you talking about?

Ignored

1. you should read the article before commenting
2.you should know something about Lehman Brothers and other BushJunior miracles
3. love your poetry

Feb 23, 2017 12:58pm

Quoting jen101

Disliked

{quote} Or perhaps your language and communication skills are out of this world, well beyond the capabilities of us mere earthlings.

Ignored

You could very well be right. I believe SonofSam is more used to telepathy and understandably thinks that because he simply thinks of something, that us mere mortals will acquire the meaning through telepathy as this I assume, is more prevalent on his planet. We should consider him to be telepathetic

SickOfScam

Feb 23, 2017 1:01pm — Edited

Quoting jen101

Disliked

{quote} Some say that you are rather dim and cannot understand you; Some say that you are guilty of disgraceful use of the English language and cannot understand you; Some say that you jumble your words and cannot understand you. Or perhaps your language and communication skills are out of this world, well beyond the capabilities of us mere earthlings.

Ignored

words as well as seeds searching for good soil

SickOfScam

Feb 23, 2017 10:37am

Europe is not able to produce such a genius like Bush Junior so they should look for new Lehmans rather somewhere else.

"...creating a crisis worse than the fall of Lehman Brothers"

Feb 23, 2017 11:46am