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Everybody thinks that the Greek demonstrations will continue. I am going to say they will slow down dramatically. Reason?
In einem tödlichen Inferno eskalierten die Proteste in Griechenland. Der Ministerpräsident zeigt sich bestürzt über den Tod dreier Menschen. Eines der Opfer war offenbar eine schwangere Frau.
Let me translate. The demonstrators went heavy with the violence. The police stepped back and used minimal violence. The demonstrators then broke into the bank and set the bank on fire using molotav cocktails. It was at that point that three people became trapped. The firemen …
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So here we go Portugal is placed on review for downgrade.
Moody’s Investors Service said it has put Portugal’s Aa2 government bond ratings on review for possible downgrade, while the government’s Prime-1 short-term rating was affirmed. Moody’s expects that, in the event of a downgrade, Portugal’s Aa2 ratings would fall by one, or at most two, notches. The review of Portugal’s ratings — which had been on negative outlook since October 2009 — is expected to conclude within a three-month time horizon. Moody’s believes that increased risk discrimination in the financial …
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I can accept things when they are bad news, or problematic. But I can’t accept things when there is no real reason. The Euro Drop is such an example. 200 pips in a day? That is a 0.2% percentile action. What that tells me is that something is at hand.
The typical response is “Greece”. Really I thought that was ok. Oh now the comment is that these measures will kill Greece. Wow, now that is interesting, give them money you are not solving problems. Make them accept austerity measures and …
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I have been a very very vocal critic of Greece and how I thought they were incapable of tightening their belt. Well I stand corrected!
Greece from what I see I have to say, “thank-you you are showing the kind of metal you are made off. As a Eurozone citizen I am impressed and will support you to the teeth.”
People are still sceptical and think Germany will hemm and haw on this. Folks you don’t understand Germans. If Germans can push their point across and the other side is in an …
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I know I said I would stop publishing on InvestorGeeks. However, I saw something that I would like people to comment on. Because I think it is very important, I would like as many people as possible to comment to say whether I am right or wrong. If I am wrong I will delete this post…
I have a habit of looking at the budgets of countries to understand whether or not the country is doing its thing properly.
Well I just looked at the Greek budget and what I saw scared …
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Well folks, my journey at InvestorGeeks has come to an end. I want to thank the Investor Geeks for giving me the opportunity to post, and comment. It was fun.
I will be continuing my posting on my own blog at http://www.happyasahippo.com. If you wish to follow me, head on over there, otherwise it was nice having you as a reader. At my blog I will also be updating what I will be posting on. I am thinking I will be focusing on both commentary and using Excel for investing purposes, …
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I find it funny how the market is repricing that the EU will support Greece. The EU might support Greece, but not with Germany’s money. Without any cuts there is NO WAY, and I really do mean NO WAY that Germany will provide money for Greece. I was talking to some Germans in Germany and they said, “Give me a break with Greece. They think they can get away with it [no cuts, no changes]. I want Greece out of the Euro, they don’t deserve it.”
The EU is kicking the …
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I have been following this Greece situation quite closely and today I read something that is making me think of what the next potential step may be.
EU spokesman Amadeu Altafaj Tardio says the EU executive has given Greece an end-of-February deadline to give details on how deals called currency swaps affected government accounts since 2001.
He said such swaps weren’t illegal unless the Greece was not using market rates to calculate the exchange rate.
What I find interesting is that they seem to be focusing on the swap exchange rate, and the …
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Many of you might be thinking, “Christian are you off your rocker… If Greece goes under the Euro zone will go under…” I say, no, it will in fact strengthen the Euro zone because a precedent has been set. Namely that the Eurozone must clean up its act and balance its budgets.
The Greek prime minister is doing best what politicians of Greece have been doing all along, namely avoiding the issue. Here is the problem Greece said that they are cutting wages by 20%. Yet is that an answer? That …
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I suppose I have been too long in Europe, but the Google Superbowl ad just sucks! The first time I watched it I stopped. Then I read what it was about, and it sucked again… It is a dumb story! I suppose this is due to the fact that I live in Europe and the story is so cliche that it is not even interesting anymore.
But the ad is in fact factually incorrect!
Namely… If this person were indeed traveling to France, and indeed putting in his search requests they would …


