- Search Energy EXCH
-
Exodus commented Oct 9, 2013The UK government has just boosted the availability of secured credit by guaranteeing part of the leverage available to home buyers in an effort to make housing obtainable for younger or under-resourced wanabees.
Bank of England credit conditions survey
- Exodus commented Oct 9, 2013
Exactly! ...and I believe he never used the word 'taper', or any expansion thereof. He did say that bond buying would be reduced in stages as unemployment fell below 7% or similar. The day after the rise of the knotheads Jon Hilsenrath went public ...
Picturing The Slow Rise And Quick Fall Of Fed Credibility
- Exodus commented Oct 8, 2013
I liked the $200 bill with George Bush on it better....
$100 bill gets a color-shifting security facelift
- Exodus commented Oct 8, 2013
Yes debt coupons and redemptions are payable in dollars. My earlier comment was postulating the outcome if suppliers (Chinese and Japanese manufacturing) would accept only Yen, Yuan or Euros. The onus for swapping dollars to a.n.other currency would ...
Big creditors China, Japan press U.S. to resolve debt row
- Exodus commented Oct 8, 2013
Maybe that is why the Pentagon has recalled its civilian staff.
Big creditors China, Japan press U.S. to resolve debt row
- Exodus commented Oct 8, 2013
Game is not over until Janet gets a Boehner. However if Japan and China start to insist on payments in Euros that might shake them up a bit.
Big creditors China, Japan press U.S. to resolve debt row
- Exodus commented Oct 8, 2013
Hmmm... so the people with money screwed the people without money. How unusual !!
Secret IMF documents reveal extent of concern about 2010 Greek bailout
- Exodus commented Oct 8, 2013
Right! Do you have any feeling for the length of time between now and the 'buy point'. I think that in the event of a default there will be a huge dumping of USD bonds and a resultant crash in the dollar, but how long until that situation reverses? ...
US Treasury Secretary: Congress is ‘playing with fire’
- Exodus commented Oct 8, 2013
There is not enough gold to make that much difference. Italy has enough gold to cover its government debt, France has almost the same amount but I am not sure how big is their debt. According to Wikipedia all the gold ever mined is only equal to ...
US still in fiscal deadlock, but glimmers of hope emerge
- Exodus commented Oct 7, 2013
...hey! Did they think of trying a temporary government shutdown to give a bit more breathing space?
Argentina Rejected by U.S. Court in Bond Payment Appeal
- Exodus commented Oct 7, 2013
When I read "and throw the U.S. and world economies into a recession that probably would become a depression" I smiled inwardly. At least further down there is an admission that the difference between this event and the misery of the 30s is that the ...
A US Default Seen as Catastrophe Dwarfing Lehman’s Fall
- Exodus commented Oct 7, 2013
When I was at school the prefects had a football team named Chaos, they lost.....
The ignore-list works really well, and stress-free too.A US Default Seen as Catastrophe Dwarfing Lehman’s Fall
- Exodus commented Oct 7, 2013
If this one lasts a month it will undo all the hard-won progress in the financial theatre. The middle-earners will pay the price, not the poor, and not those with too much money to count.
US Treasury Secretary: Congress is ‘playing with fire’
- Exodus commented Oct 6, 2013
Fitch will downgrade US debt and thus US borrowing costs will rise.
US Treasury Secretary: Congress is ‘playing with fire’
- Exodus commented Oct 4, 2013
This morning I have read a lot about the US debt ceiling. IMHO the US politicos are guilty of wanton recklessness, even their own advisors are dusting-off the panic button. Further, because of Obamacare, this is going to continue all through Obama's ...
BOJ’s Kuroda says current monetary policy is enough to meet BOJ targets
- Exodus replied Oct 4, 2013
I have two long positions, one at 97.40. Provided that your leverage is low you can just wait....
USD/JPY Discussion
