Will the Germans Really Bring Back the Deutsche Mark?

[bobcollett 10]

Today I read some interesting information about Credit Default Swaps.

As this thread is only visited by intellectuals, I will assume you all know what CDF's are.

Now because lending institutions agreed to a 50% haircut against Greece debt, there was no default.!!!

No insurance would be paid .No CDF's.

 

It appears that MF Global holds Greek bonds , but thats beside the point.

 

US lending institutions hold 87% of all CDF's .

So it looks like the US has been manipulating the Greek fiasco.

Germany and France are small fry in this .

It looks like US banks could bear the brunt

More money to be printed.

The US dollar must fall

regards

bobc

[livernik 10]

Germany is trying to impose to other EU countries it's own imperium. Sooner or later , people in the rest EU countries will resist on that . In this case it will be Germany that will go out of EU. Euro (and other currencies that the rest nations will bring back ) will go down, dollar will go up. This will give room to US to print money again to face it's own problems.The Deutsce Mark at the beginning, at least, it will go up and thus German products will become expensive.Germany will lose a big portion of the markets of ex EU markets.

[TheNegotiator 13]

livernik I agree with you that basically Germany has too much power now(who would've thought eh?). The power they have is being used in the wrong way. They are indeed effectively trying to impose their own rules on these countries where it's not gonna work. It's kinda like when a big corporation buys a smaller but successful competitor, then imposes all it's own rules and practises on it. Surprise, surprise the company then becomes unprofitable.

[zdo 20]

livernik I agree with you that basically Germany has too much power now(who would've thought eh?). The power they have is being used in the wrong way. They are indeed effectively trying to impose their own rules on these countries where it's not gonna work. It's kinda like when a big corporation buys a smaller but successful competitor, then imposes all it's own rules and practises on it. Surprise, surprise the company then becomes unprofitable.

 

I keep harping on this because my impression is that most are not quite getting it – Germany has conquered Europe. They are running into the same kinds of problems keeping an empire (together) that all other empires (past, present, and future) have…

 

The U.S. has also been conquered – from within. Denial phase is still extreme, including right here on this forum… Big lies are the most effective lies…

Comparing the mess in Europe to the coming tragedy in the U.S. – The European issues will ultimately look like a pimple …on a full blown ebola victim…

“…imposes all it's own rules and practises on it. Surprise, surprise the company then becomes unprofitable.”

[bobcollett 10]

Dear zdo

Whats your solution to the USA problem?

Where are we in the business cycle?

You must reply before 15th Dec. Holidays.

No one liners.

And bear in mind both the Democrats and Republicans will be watching you .

kind regards

bobc

[zdo 20]

Dear zdo

Whats your solution to the USA problem?

Where are we in the business cycle?

You must reply before 15th Dec. Holidays.

No one liners.

And bear in mind both the Democrats and Republicans will be watching you .

kind regards

bobc

 

bobc,

:rofl:

 

Thanks for giving me some time on the ‘solution’… right now I prefer howling at the full moon…and from the looks of it, I’m not the only one lunating…

 

re “Where are we in the business cycle?”

That’s not really relevant at this point.

hot off the press

This is No Cyclical Recession

15 Statistics Which Prove That The U.S. Economy Is In Much Worse Shape Than Most Americans Think

 

PS re the OP

Game Over? Reuters Says Germany, France Exploring Idea Of Core Euro Zone, End Of Existing Structure | ZeroHedge

http://www.zerohedge.com/news/did-merkel-just-usher-deustche-mark

 

 

References:

are from lousy, unreliable news feeds of course

[SIUYA 11]

yes...is it the 3-5 year cycle or the 100-200 yr cycle

If we are just at the end of the biggest credit bubble in history that was ten years in the making culminating in a 25 yr equity bull mkt then we may have a long long way to fall.

Only historians will know later.

[zdo 20]

boys, I’m sure glad the taxslaves in the US aren’t in a similar situation ...

charles hugh smith-EU Fiscal Union = EU Debt Serfdom