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billv commented Mar 14, 2015This guy should stop talking because he makes himself look like an idiot
Greek defence minister - If Greece leaves euro zone, Spain and Italy would be next
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billv commented Mar 14, 2015You have no idea how people live in Greece now. People in countries like yours say how can we live on 300EUR pensions and the Greeks can't? Its not the same, the cost of living in Greece is higher primarily due to different selling price for ...
Greek defence minister - If Greece leaves euro zone, Spain and Italy would be next
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billv replied Mar 8, 2015Hi Tony Many thanks for sharing your indi. Are you still trading? Cheers BIll
Tigertron Pivots
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billv commented Mar 5, 2015Macdon Do I see a business opportunity emerging here for a real savings bank? One which doesn't screw its depositors in order to make billions of $'s in profits? What happened to the banks we had before where customer service was a priority? I went ...
3 of the world's most powerful money managers are saying some scary things about the world
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billv commented Mar 5, 2015They are coming to a suburb near you, creating economic activity, buying property and local products. That's a good thing right?
Where the most millionaires are moving -- and fleeing
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billv commented Mar 5, 2015Constructive debt which creates jobs and ongoing revenue streams is good, but corporations have been overtaken by greed and and this is destructive for all parties involved. Now even the savers are punished because slow growth has brought down ...
3 of the world's most powerful money managers are saying some scary things about the world
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billv commented Mar 4, 2015LOL its all about making big profits to justify their big salaries and bonuses
Australian Treasurer Concerned Aussie Spiked Before RBA Rate Announcement
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billv commented Feb 27, 2015Did the strong USD have something to do with it?
A stunningly bad economic signal from the Midwest
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billv replied Feb 27, 2015A forex swap rate is the overnight or rollover interest (that is earned or paid) for holding positions overnight in foreign exchange trading. A swap charge is determined based on the interest rates of the countries involved in each currency pair and ...
More simple is impossible
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billv commented Feb 27, 2015If they are cornered, they will probably introduce a parallel currency to the euro. A new currency which will be used for domestic consumption and which would be pegged to the euro. url
Greece runs out of funding options despite euro zone reprieve
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billv commented Feb 19, 2015Unfortunately, it seems that they have taken over the Eurozone. I think the Greeks should walk away, they've suffered enough but a bit more pain is probably worth their freedom.
Germany rejects Greek extension proposal, govt official says
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billv commented Feb 17, 2015I don't think there is a process but if they left the eurozone or they were pushed out by the ECB blocking funding to the Greek banks, I think they will have to default because they will never be able to pay back so much debt using their new and ...
Greek FinMin Varoufakis Press Conference - Live Feed
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billv commented Feb 12, 2015Out of the Eurozone would mean having their own much weaker currency so their ability to ever repay their debt is zero. In other words if the Greeks leave or they are forced out of the Euro, they would have to default on their debt so there will be ...
ECB raises Greece ELA allowance to EU 65B
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billv commented Feb 12, 2015You saw a bad dream right? Tsipras was given the opportunity to fix things up and not to join the bad guys or to throw the country into an abyss. Claims of this sort only point out how inexperienced this government is.
Greek euro exit will be hard to stop
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billv commented Feb 11, 2015This is nonsense. Are these the only jobs in a country of 11Million? If you were in Greece and saw people drinking coffee in cafe's have you considered that perhaps there are no jobs? It's the same all over southern Europe, people and especially the ...
EU, Greece come to agreement in principle, meetings to continue: Source
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billv commented Feb 10, 2015And how much is that? Pensions in many countries are linked to employee/employer contributions so they will vary from person to person. So we should be careful not to confuse such pensions which are similar to the American 401K (or superannuation) ...
Germany rejects Greek claim for World War Two reparations
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billv commented Feb 10, 2015Really? and I thought you came from the East like the Turks. Anyway the Bulgarians don't have a proud history, they've always been allies with the bad guys, Turks, Nazis etc so go and brush up on your history and stop insulting the people who ...
Germany rejects Greek claim for World War Two reparations
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billv commented Feb 9, 2015Exactly right, this guy although new in government has been in politics long and should know better
Tsipras Lays Out Part of the Road Map for Greece
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billv commented Feb 9, 2015Michael a couple of banks would have taken a hit, the ECB could have come in and helped them out and that would have been it. Remember that in the beginning the Greek debt was only a banking problem. However, the banksters have managed to persuade ...
Schaeuble Says Nobody Forcing Greece to Have Aid Program