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Pip Anon commented Mar 17, 2013Wow, ECB wants to force the decision so it lessens the effects of the Euro? When politics is interjected into an situation it goes tits up
Cyprus Parliament To Delay "Rescue" Vote Due To Lack Of Support, Despite ECB Pressure For...
- Pip Anon commented Mar 17, 2013
They need to take it on the chin. They got themselves in this mess, and now they look for someone else to get them out. If you think this is good.... I doubt it. They are already seeing bank runs. When this happen in Spain and Greece, the Euro sank. ...
Cyprus eurozone bailout prompts anger as savers hand over possible 10% levy
- Pip Anon replied Mar 17, 2013
The right property and you can do yourself good. Only thing is, how do you hedge that kind of portfolio?
EURUSD
- Pip Anon replied Mar 17, 2013
Don't know if I got that kind of capital lol. I bet even flats in London are pricy to buy outright.
EURUSD
- Pip Anon replied Mar 17, 2013
I am looking for property in the UK/Ireland. How's the market? Did it get damaged like the Irish market did?
EURUSD
- Pip Anon commented Mar 17, 2013
Dear Cypriot depositors, Because the Cyprus government and banking system have failed you, we will be taking levy from each one of your accounts. No need to worry because us here in the Cypriot banking system appreciate your business and look ...
Cyprus eurozone bailout prompts anger as savers hand over possible 10% levy
- Pip Anon commented Mar 17, 2013
Yes. If "my" government did that here, Guy Fawkes would have nothing on me. I don't know much about Cyprus, but this was a bad, bad move. I believe is was limited to accounts of 100,000 Euro - not that it's any better. However, not only has there ...
Cyprus eurozone bailout prompts anger as savers hand over possible 10% levy
- Pip Anon commented Mar 17, 2013
Apparently. more than half of Cypriot deposits are from non-residents. It's a tax haven for Russians. Another suspect banking system that blows up.
Cyprus eurozone bailout prompts anger as savers hand over possible 10% levy
- Pip Anon replied Mar 16, 2013
I read that the Cypriot banks are freezing accounts or a 10% levy. I don't know about you, but if I was a Cypriot I'd be pissed. Although they got a bailout, I don't know how positive this is. 17 EU countries and 5 have received bailout. That just ...
EurAnalysis
- Pip Anon commented Mar 16, 2013
China's numbers are so separatic I stopped following them. Any one see that piece on China's ghost towns? That migh be where the previous demand was, building track communities with no residence.
Is China's 'Real' Economy Crashing?
- Pip Anon replied Mar 16, 2013
Commitment of Traders, March 12: Net short GBP, Net long Yen. If I seen this I would have definitely shorted Geppy. I wonder if it will change next week. Basically, we'll have to see if the short covering in Yen will be over. GBP has no change if ...
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon replied Mar 15, 2013
Possible, but the Yen is already down like 10% this year. Yen weakness is the only thing I think that will move this fecker up
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon replied Mar 15, 2013
I don't know anymore. BoE said to be purchasing assets. It's gonna drive the pound down
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon commented Mar 15, 2013
Just politics from a politician
BoE's King says sees signs of recovery and case for supporting that through additional asset...
- Pip Anon commented Mar 15, 2013
Um, if there is signs of recovery why QE?
BoE's King says sees signs of recovery and case for supporting that through additional asset...
- Pip Anon commented Mar 15, 2013
Then they went in? Healthier from sickness doesn't mean full strength. I know their economy is still weak; high unemployment. However, last I read, they reduced their debt significantly. The fact that these nations that are on the verge of ...
German FinMin: Preconditions for Cyprus very hard, not sure of deal for Friday
- Pip Anon commented Mar 15, 2013
The funny thing is there should be no negotiations. You either take the offer as given or your country goes bankrupt. I mean, really, Germany has the upper hand and apparently the money. If I bailed someone out, damn straight they'd agree to my ...
German FinMin: Preconditions for Cyprus very hard, not sure of deal for Friday