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- 60 Results (41 Replies, 19 Comments)
- Groovy commented Jul 7, 2015
Ai, could be phony, but i can bet my bottom dollar for all the goods and services produced China and India are way ahead of the US in terms of PPP. Yes, the concept is similar to PPP, though i heard international dollars concept used and is akin to ...
Here's the $17 Trillion Reason Why the BRICS Summit This Week Is a Big Deal
- Groovy commented Jul 7, 2015
First developed, then developing, soon 3rd world.
Here's the $17 Trillion Reason Why the BRICS Summit This Week Is a Big Deal
- Groovy commented Jul 7, 2015
17 trillion combined GDP, hehehe. Look at it this way, folks. A haircut in New York would set you back about 20 bucks, while the same haircut in Delhi or Brasilia some 2-4 bucks. Same or even better service in the BRICs but about 5 haircuts in the ...
Here's the $17 Trillion Reason Why the BRICS Summit This Week Is a Big Deal
- Groovy commented Mar 20, 2014
Spikey, reading your 'actives' you reminded me of 'zis is German coast guard, what are you sinking about?'. Check it out, it's about Spiegel boys video
Merkel says EU will punish Russia with econ sanctions if needed
- Groovy commented Mar 20, 2014
Spikey, if it comes to just your household then you vote with your feet. When we talk regions, states, provices, then it's a matter of referendum. If Quebec clocks up over 50% of votes than yes they'll become independent from Canada. Emotions on the ...
Merkel says EU will punish Russia with econ sanctions if needed
- Groovy commented Mar 20, 2014
just a lip service to the US. If people want to be a part of Russia (with or without the presence of any force or intl observers) let them be and move on. Better tell Draghi he can start European QE to tackle deflation threats.
Merkel says EU will punish Russia with econ sanctions if needed
- Groovy commented Feb 26, 2013
The whole situation is good for Russian vodka!
The First Italian Exit Polls Are Out
- Groovy commented Sep 3, 2012
Eurozone was already priced in in EURAUD at 1.16, which is a ridiculous rate disrespecting all purchasing power parity laws. But what is not priced in (or rather folks in the States like you, qlennqie) is the understanding that we're bleeding here. ...
Another nail in the coffin of mining boom
- Groovy commented Sep 3, 2012
good! folks like you contribute money to the rest of the forex community. We need more of you, loadedgun and qlennqie. Am in Australia in financial sector and it feels like a cold shower here with companies cutting every corner and tightening their ...
Another nail in the coffin of mining boom
- Groovy commented Aug 20, 2012
if Melbourne's Brighton single homes become Toronto's Lakeshore Blvd 35-floor condos then prices will pop. But the secret to high property prices are very restrictive land laws, that's it.
Australian housing, is it a bubble if it never pops?
- Groovy commented Aug 13, 2012
aud is to go down, down and hard, guys. Esp against GBP and EUR. We can't sustain such an inflated rate here down under. Jobs are good coz Gillard increased the tax-free threshhold 3 times!!! to offset the impact of carbon tax. Guess what, people ...
China Is Running Out Of Money
- Groovy commented Aug 11, 2012
so basically watch those 500,000 Euro beach side Greek houses to become 120,000. Which could be a good buy for some of us, eh?
Germany Considers Holding EU Referendum
- Groovy commented Aug 11, 2012
huh, guys, just for once i'll post a brief comment for all the baloney most of you write here about. Greece will need to leave, they're unable to mend their ways as cancer got too deep. As for the rest, Italy/Spain have more than enough state assets ...
Germany Considers Holding EU Referendum
- Groovy commented Aug 9, 2012
so does Mario judging from his looks
Wrong to Think Countries Can Stay in Euro Zone at Any Price: Former ECB Economist Issing
- Groovy commented Jul 24, 2012
i think troika is mandated to talk about the orderly de-greecing of Europe more than extending the tranche of payments.
Troika arrives in Greece amid speculation over exit
- Groovy replied Aug 6, 2011
Suisse recession looming — Investors in their herd mentality somehow forget that Switzerland is only one negative quarterly GDP away from being in recession. The Swiss are shopping in Europe en mass, exporters bleed daily and even importers ...
Went long EUR/CHF around 1.08, target 1.40
- Groovy commented Jul 19, 2011
Gosh, what a bunch of idiots. Let the steam out on German highways at least. Or better have a game of soccer/tennis. Those guys normally suck at everything. I tend to drive like a babushka after a 5-set tennis match.
UBS Employee Arrested For Racing, Reckless Driving, Assault On A Honda
- Groovy commented Jul 12, 2011
It's not the exposure to Greek banks i'd be worried about, it's the exposure to the bordering Italy and its cataclysms i'd be concerned.
Is CHF Intervention Around The Corner?
- Groovy commented Jul 12, 2011
Agree. However, i believe one of the possible reasons for USD/CHF to shoot upwards is for eur/usd to go down. If EURUSD trades at 1.30 (which is a likelihood in the coming months), there's absolutely no way SNB will allow EURCHF to be at par. If, ...
Euro Fatigue? Trade These Safe-Haven Currencies
- Groovy commented Jun 17, 2011
Not necessarily. Greek government has assets valued at 300billion in their possession. I think it'll turn into a mass privatization Greek auction style. They know it's their absolute last resort but potentially they can wipe out most of the debt any ...
Market talk that the latest Greek bailout could amount to EUR 150bln