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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
On the other side, it looks like ECB is bankrupt.
and china want IMF, US can do nothing about it, i guess it is a question of time.
if after G20 china have IMF, eur could go up, then big haircut, eur done. this sequence make sense.
GPap the genius of poker outstripped Merkozy. he had a royal flash while Merkosy had a full house and made wrong bet: GPap wasn't bluffing.
Now this is an assumption because the cards are not yet on the table.
Could be GPap has no royal flash but is better than Cincinatti kid while Merkozy cannot play a game of poker.
facts are : no one buys EFSF "bonds" . The big ado about leverage is over and out. Merkozy
not even a toothless tiger. Greece is the best customer of France's and Germany's hit tech weapon industry. Submarines Combat aircraft high end electronic defense systems...rifles machine guns...
Well GPap is a bit late in payment. "We'll return all the weaponry, mint condition, as new" GPap
told Merkel. "Or you'll pay the next bailout rate plus 80 bln then we might pay or not".
The EUr/EU system can be arbitrarily blackmailed.
Don Berlusconi goes for IMF supervision will next press for 200% haircut.
Merkosy dead and done.
also, we usually call the chairman "Ci xi imperial dowager empress" or "dowager empress" for short.
The we have the Hu who? Hu! who? problem.
China power conquers the very heart of Europe
Huhu.
euro 3760 long 1/2 closed 3834 1/2 stopped back at BE...
usd/cf last partial closed..
.sidelined......leaving the market to the fat CATZ....