Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... | |
Saddletramp
User ID: 43057721 United States 07/11/2013 09:32 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... China needs cash... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 09:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 09:39 AM Report Abusive Post Report Copyright Violation | |
Face Palmer
User ID: 1149868 Germany 07/11/2013 09:40 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... No one is ever broken as long as currency is backed by printing presses. "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title." Never attribute to malice that which is adequately explained by stupidity. The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 09:42 AM Report Abusive Post Report Copyright Violation | |
Earth Cries
User ID: 27402424 United States 07/11/2013 09:49 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! Mark 13:20 And except that the Lord had shortened those days, no flesh should be saved: but for the elect's sake, whom he hath chosen, he hath shortened the days. “Things fall apart; the center cannot hold.” Yeats |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 09:53 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! gezzzzzzz |
lionhound
User ID: 625009 United States 07/11/2013 09:55 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! Yep silver up 0.82 overnight. |
Saddletramp
User ID: 43057721 United States 07/11/2013 09:55 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Everyone is broke, where did all the money go? "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Dr. Neuk
User ID: 1065309 United States 07/11/2013 09:57 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... |
DigitalFreedom
User ID: 11014253 United States 07/11/2013 09:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 09:58 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! gezzzzzzz Gregor Peter‏@L0gg0l8 min KeithMcCoup :-) RT @KeithMcCullough: You used to go to jail in the US for doing what Bernanke just did #CoinageAct 1873 @federalreserve |
Trubind1
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stormer
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Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 10:41 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... zerohedge‏@zerohedge5 min U.S. HOUSE REPUBLICANS INTRODUCE BILL TO END FANNIE MAE, FREDDIE MAC CONSERVATORSHIP OVER A 5-YEAR TIME FRAME zerohedge‏@zerohedge5 min Fed's Duke resigns |
Crazy Harriet
User ID: 43028087 United States 07/11/2013 10:55 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! Greenspan used to keep the punch bowl filled until it hit 6.25% - if it started creeping to 6%, he tightened. Saw him during congressional testimony discussing that back in the 1980's. It really caught my attention when he made clear(in his way, using big words that most listeners wouldn't understand) he stated his determination to maintain unemployment over 6% permanently, because under 6.25 there was a whiff of labor inflation which upset the business applecart. "I would rather take a political risk in pursuit of peace, than risk peace in pursuit of politics." - Donald Trump |
Anonymous Coward User ID: 37915079 United States 07/11/2013 11:42 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Sitting in purgatory in stocks, bonds and on balance sheets of the financial worlds system. That why there is no inflation relative to the printing that has been completed. The regular unsteerable expanding inflation of growing economies have been shut down, sacrificed for the direct printing "100% steerable" fiat currencies that shore up leverage/reserves and keeps the banks of the world "looking" solvent. Currency printing and confiscation of property through a metered economy is the name of the game, for the financial system to try and keep their fun going and the yachts fuel tanks filled. |
Anonymous Coward User ID: 37915079 United States 07/11/2013 11:44 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! Greenspan used to keep the punch bowl filled until it hit 6.25% - if it started creeping to 6%, he tightened. Saw him during congressional testimony discussing that back in the 1980's. It really caught my attention when he made clear(in his way, using big words that most listeners wouldn't understand) he stated his determination to maintain unemployment over 6% permanently, because under 6.25 there was a whiff of labor inflation which upset the business applecart. What was the leverage ratio back then and where were the CDS's ? Those two things have changed the game now. |
Saddletramp
User ID: 43057721 United States 07/11/2013 11:50 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Sitting in purgatory in stocks, bonds and on balance sheets of the financial worlds system. That why there is no inflation relative to the printing that has been completed. The regular unsteerable expanding inflation of growing economies have been shut down, sacrificed for the direct printing "100% steerable" fiat currencies that shore up leverage/reserves and keeps the banks of the world "looking" solvent. Currency printing and confiscation of property through a metered economy is the name of the game, for the financial system to try and keep their fun going and the yachts fuel tanks filled. And there you are, they're converting this worthless fiat currency into hard assets....but not so much that it would cause a stir! That's the mistake China made... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Saddletramp
User ID: 43057721 United States 07/11/2013 11:54 AM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Good morning, Luis. Quoting: Earth Cries The Dow is hovering around +150 right now. The reason? Old Ben said yesterday they will keep the presses rolling until the unemployment rate drops to 6.5%. Today's unemployment figures rose to 360,000 vs the expected 340,00. So the presses keep on a rolling! This is one screwed up mess! Greenspan used to keep the punch bowl filled until it hit 6.25% - if it started creeping to 6%, he tightened. Saw him during congressional testimony discussing that back in the 1980's. It really caught my attention when he made clear(in his way, using big words that most listeners wouldn't understand) he stated his determination to maintain unemployment over 6% permanently, because under 6.25 there was a whiff of labor inflation which upset the business applecart. What was the leverage ratio back then and where were the CDS's ? Those two things have changed the game now. There was probably no leverage ratio because a lot of these derivatives were unheard of before 2000... I remember when the commodity brokers went around to the bankers explaining how put and call options worked so we would allow our customers to use them instead of playing futures contracts on the margin... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 31914951 United States 07/11/2013 11:57 AM Report Abusive Post Report Copyright Violation | |
****SUPERFLY****
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Anonymous Coward User ID: 43019406 Turkey 07/11/2013 12:34 PM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Gregor Peter‏@L0gg0l5 min Quoting: Luisport @4xguy Europe bailing out China now? but right, Dollar negative $DXY Gregor Peter‏@L0gg0l12 min ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS Luisport, your a moron. You should not be allowed to create a thread. Actually you should not be allowed to be on the internet. Shut the fuck up! He is our Doom President. Go listen to MSM, idiot. |
Anonymous Coward User ID: 42544393 Norway 07/11/2013 12:56 PM Report Abusive Post Report Copyright Violation | |
Hard Eight
User ID: 35278639 United States 07/11/2013 01:04 PM Report Abusive Post Report Copyright Violation | Re: Europe bailing out China now? ECB PREPARING CNY800 BLN SWAP LINE WITH CHINA PBOC, MNI SAYS!!! Another round of forex chaos... Hmmm? Maybe corrupt politicians...I mean social justice. Texas has yet to learn submission to any oppression, come from what source it may. Sam Houston "The beauty of the Second Amendment is that it will not be needed until they try to take it." Thomas Jefferson If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed. -- Mark Twain Giving money and power to government is like giving whiskey and keys to teenage boys. -- P.J. O'Rourke, Civil Libertarian |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 01:09 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 43197758 Portugal 07/11/2013 01:10 PM Report Abusive Post Report Copyright Violation | |