tag:blogger.com,1999:blog-2948538160252327076.post1796712155311489825..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: A day when everything was clear and people said what they meant.Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2948538160252327076.post-79672116234761243252011-11-26T13:27:31.366+00:002011-11-26T13:27:31.366+00:00Alice - you could be right of course, in which cas...Alice - you could be right of course, in which case rising German rates would be the quid pro quo anyway.<br /><br />http://blogs.telegraph.co.uk/finance/jeremywarner/100013438/return-to-sovereign-currencies-wouldnt-be-as-traumatic-as-assumed/Stevie b.https://www.blogger.com/profile/11427759744381570329noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-73977853800929552972011-11-26T00:43:36.927+00:002011-11-26T00:43:36.927+00:00Steve,
I don't think the Euro will break up. ...Steve,<br /><br />I don't think the Euro will break up. I could be wrong, but that is what I think.<br /><br />As many commentators have already said - a euro break up is Armageddon.<br /><br />AliceAlice Cookhttps://www.blogger.com/profile/05753570123987780947noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-22295427171533216012011-11-24T11:59:09.561+00:002011-11-24T11:59:09.561+00:00Mrs Bismerkel: don'cha just love her?Mrs Bismerkel: don'cha just love her?deariemenoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-89384107429266514222011-11-24T11:54:21.833+00:002011-11-24T11:54:21.833+00:00What a novel invention by Barroso. By bundling the...What a novel invention by Barroso. By bundling the bad debt with the good debt the collective becomes safer. The product is now securitised. I'm sure no one has devised anything similar in the past ten years. If someone had we would be able to evaluate the results of this most radical of solutions.drooghttp://gravatar.com/droogthegwirenoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-15540013012823296582011-11-24T07:10:04.699+00:002011-11-24T07:10:04.699+00:00Alice - I don't get it. As I understand it, th...Alice - I don't get it. As I understand it, the 2% yield was the lowest ever offered on 10 year Bunds. Why why why should investors just genuflect & offer thanks & swallow this offer given the possibility of Euro unification - or should that be eun(uch)ifation -? As you imply, it's almost obvious to my pet dog that under such a scenario German yields would rise, so why are the press hyping this as some sort of unexpected disaster?<br /><br />Maybe the result will concentrate German minds and ensure the logical split of the Euro to allow necessary, meaningfully greater devaluation for some than that that might occur for the whole Euro anyway, but meanwhile surely the bund result was totally logical and only to be expected?<br /><br />One would guess that we are moving to a resolution of the Euro problem by January at the latest. If the politicians don't act by then, markets will do it all for them anyway - and may "do" for many of those politicians at the same time - including hopefully the unelected untrustworthy toupeed twonk buffoon Barroso.Stevie b.https://www.blogger.com/profile/11427759744381570329noreply@blogger.com