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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 28, 2011 12:51
DaveO, your sound like you still 20...no offence...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 12:49
One of the things I love about the www communications revolution, and there a few I hate, is that governments can no longer get away with deceipt on a massive scale and corruption on a massive scale. These revolutions are very much needed. There are so many countries being exploited and oppressed by their leaders. I am waiting for a major bank to be burnt to the ground as a much needed sharp lesson to bank greed. Nothing will happen to effectively regulate the casino bank ops until the "people" take over and apply sharp lessons.
Qingyu
UK
Posted Anonymously
13 years ago
Jan 28, 2011 12:46
it looks like i am not make my word clear...damn my english...@-@!

imo...

chinese government is the worst government in the world. they hire 50 million officers to do nothing. local police link to local gang. you lost your laptop in china, if you are valuable person, your laptop will back. otherwise you will never see it again. (some police are good, rareness)

china have the highest tax in the world, but lowest welfare. worker who produce iphone/ipad only have less than 1000usd per month, but have to work 12-14 hours per day, 6-7 days per week. and last year 14 or 20 workers suicide, the result is their have mental problem...(the boss of foxconn usually said, if your pee in deep yellow, good, because you work hard enough)

i thought this crisis may bring down the government. and we rebuild our new government like us/uk, and maybe better than them.

but currently property tax comes out, this could give some fresh cash to local goverment which most of them already bankruptcy. that would be the worst thing in my mind. the government may survive from this crisis. (property tax focus on people rich but no power)

damn it!!! @-@!!!
subway90
Posted Anonymously
13 years ago
Jan 28, 2011 12:35
i just hope it won't be too catastrophic
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 12:26
And having slated the US I have to say that I have more american trading friends than uk. Nothing personal here other than grossly irresponsible government over a long period of time. Same applies for the uk on a smaller scale.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 12:21
Yes Sub, I worry about that, the worst is yet to come !
DaveO
UK
Posted Anonymously
13 years ago
Jan 28, 2011 12:19
As Boli says, the down cycles are very necessary to cleanse systems and adjust bloated economies and practices. Greenspan kept delaying the natural course of events. The longer the adjustment is delayed the more severe is the final crunch. I think it will take 15 years for US to get back on its feet in an "honest" way.
subway90
Posted Anonymously
13 years ago
Jan 28, 2011 12:15
not too long US will suffer it's consequences... it's like a ticking bomb... no other solution but to explode... only question is when.... i believe it's not that far away...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 12:11
Unfortunately Greenspan kept delaying the natural cycle and encouraging/facilitating a crazy boom as well as succumbing to presidential requirements to finance wars. Greenspan is to blame for what ultimately occured on Bernank's watch. Bernanke thinks he is very clever. A touch too clever I suspect will be the final outcome.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 28, 2011 12:05
bs...strength meter is too slow but was correct in trade setup....euraud fall further aud strengthens now vs eur..anyway made a few pips
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