Europe to go down in a matter of days

[suityou01]

So SuitYou, "everybody" is short on Euro, and that everybody then circulates rumours that Euro is about to crash any minute, anybody would think they have vested interests in this. What do you reckon ?

There is a reason why short selling was banned in the past. Problem is big companies have mouth pieces who are chums with the media and sell stories to fuel mass hysteria, resulting in sell off's that directly benefit their short positions.

How about you coming forward with a credible explanation as to why Euro will crash and burn ?

I did, they were in my op

Seriously HTH BISDI

[Freamon]

Totally fair question F. And you are right Buiter is being very worst-case-ist, probly for his own reasons. And that was the gist of the thread. The euro-zone could go down in days. If you think about it, and if the ECB do frak all, then it is possible.

Take into you're thinking that the German goverment and the ECB seem culpably negligent in letting the bond markets get this far and you get a sniff of an agenda. But what?

"We need more europe, not less" says Merkel. Freamon's interpretation please?

It's a power play by Germany, to gain an elevated position of economic control over the rest of the Eurozone. This is a once in a century opportunity to do so. By pushing Greece to the edge, they've gained economic command and control over the country such that Greece is now a vassal state. If they continue the brinkmanship with Italy and Spain for long enough, they could achieve the same there. The (German controlled) ECB has been in control of the bond market for a good few weeks now - when the ECB stops buying, yields rise. By suspending purchases of Italian bonds, they've managed to force the yield up above 7% and hence force a change of regime to one more favoured by the Germans. If they want to do the same in Spain they can (although the Spanish general election is today so they may not need to).

[fullyautomatix]

I did, they were in my op

Seriously HTH BISDI

Your "op" was some copy/paste action you did from so called "expert" from Citi or wherever.

I say this again, how about you putting forward your own thoughts forward so we can have a butcher's at it ?

Oh, yeah , HTH

[suityou01]

Your "op" was some copy/paste action you did from so called "expert" from Citi or wherever.

I say this again, how about you putting forward your own thoughts forward so we can have a butcher's at it ?

Oh, yeah , HTH

And the second link from zero hedge you skim-reading cretin??

[suityou01]

It's a power play by Germany, to gain an elevated position of economic control over the rest of the Eurozone. This is a once in a century opportunity to do so. By pushing Greece to the edge, they've gained economic command and control over the country such that Greece is now a vassal state. If they continue the brinkmanship with Italy and Spain for long enough, they could achieve the same there. The (German controlled) ECB has been in control of the bond market for a good few weeks now - when the ECB stops buying, yields rise. By suspending purchases of Italian bonds, they've managed to force the yield up above 7% and hence force a change of regime to one more favoured by the Germans. If they want to do the same in Spain they can (although the Spanish general election is today so they may not need to).

Yep yep yep, agree with all of that. And the end game please Freamon??

[Freamon]

Yep yep yep, agree with all of that. And the end game please Freamon??

I don't know. You seem to think you do, though?

[suityou01]

I don't know. You seem to think you do, though?

To re-quote from the OP which you clearly didn't read all the way through before posting

But of course ze Germans want the euro to collapse. They want to create "more europe not less europe". What does this mean? European super state. With the ability not only to dictate fiscal policy but also to take countries into receivership and run them. The end of sovereignty. The end of what little democracy remains.

And it looks like Goldmans has all their chess pieces in the right place on the board

[Freamon]

To re-quote from the OP which you clearly didn't read all the way through before posting

Isn't the paragraph you quoted more about what you think the Germans want to happen rather than what you think will actually happen?

[doodab]

I think it's all cobblers. There is no end game. People are caught up in things beyond their control and inventing some sort of "master plan" to explain it. There are a few people making money from it sure, but the idea that this whole thing was masterminded by some nefarious genius is pure fantasy.

[russell]

I think it's all cobblers. There is no end game. People are caught up in things beyond their control and inventing some sort of "master plan" to explain it. There are a few people making money from it sure, but the idea that this whole thing was masterminded by some nefarious genius is pure fantasy.

WDS

No one knows whats going to happen to the Euro for sure, the thread did confirm one thing though, Suity is an idiot.