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there are no markets....trillions of bonds are repriced daily on some monkeys in bank seats trading around a few billion back and forth all day, when they aren't in asking for bigger bonuses
I keep thinking about Kyle Bass's comments about "no one looks at the numbers" also, he was talking about the Lehman bonds trading at close to par right up until filing bankruptcy.That part was at the end of the following article...
People in Iowa like RP. He spent time here in 2008 and now lots of time this year. We have had time to take in the whole picture not just the debate clips, ect, most are exposed to. He will WIN here on Jan 3rd. Of course it will help if it's a snowy night and the turnouts low. Remember when you see polls showing Gingrich ahead in Iowa he has NO ORGANIZATION here. He just put staff in here last week. Can't win. And Romney has some support but he also has by passed Iowa because he believed christian conservatives would dominate the vote. So far they are split amoung Bachman, Perry and Santorum with RP also picking up some support. A caucus is a pain in the ass, you have to show up on a cold winter night after a hard day at work and hang out for at least an hour. If you are not commited you won't come. I live in the Des Moines area. In 2008 RP signs were just in a few parts of the city, now they are all over the suburbs as well. When he wins he will spike from 15-18% to 25% overnight in New Hampshire. After that it will get tough.
Forget RP. Not even JC Himself can save things now.
Looking for "leaders" to save the day is futile and naive. Not to fault Dr. Paul, who I rather like. If he were elected, it would prove he is not what he appears to be.
paul has to tweak his enviromental stance abit - not to look like a flipper, but as a pragmatist willing to look at alternatives without compromising his ideals- jmo
go Ron Paul, and give em hell!
Seriously, do not fret.
Sarkozy, speaking on behalf of Merkel, and at length and in great detail, explained how Merkel has agreed with him on every single facet of what's going to be a clean, neat and quick resolution of the, for all practical purposes, unsolvable EuroDebtApocalypse crisis (unless MASSIVE inflation for decades or massive defaults is 'solvable'), this morning.
All is well.
SAW CHARTS BITCHEZ!!
THEY RIP YOUR ASS OPEN ON THE WAY DOWN!
So is the average person in europe concerned about the euro or do they still have complete faith in their banks and governments?
Nop, none of them has any clue what's happening. They've heard of a pending crisis but haven't been able to identify it just yet.
Insolvency can be bullish from time to time...
the wheels on the bus go round and round, round and round, round and round...
The difference now is that there's a collusion between the Fed, ECB and many of the G7 central bankers. They're going to drive yield lowers come hell or high water, I wouldn't count on history to repeat itself, at least not in the near future...
don't mean to burst your bubble, but the future today has been honed down to a few milliseconds,... and the run rate is closing fast - get out -
get out before the past 100years compress into a nanosecond of lifetime remorse - jmo
don't forget timmah's trip to see the hotshots (not the finiMinis) b4 the summit
i think they will welcome him, this time
The trend line is intact. And that trend is higher yields.
What's the problem? Merkozy said today they will be meeting to plan to create a plan for everybody to discuss sometime in the months ahead.
Sounds like its fixed to me.
The Merkozy Solution.......
"When the ship starts to go down everyone jump into another country's lifeboat. This will promote a more harmonious union in the face of adversity."
"if a man [ecb] does not know what part he is steering for, no [bailout] wind is favorable for him [ez]" ___ [sic/ Seneca]
"a ship [ecb] in port is safe, but that's not what ships [ez] are built for" ___ [sic/ Grace Hopper]
"a country without a strong anchor [merkel], is like a rudderless ship [germany] in the open seas"
What idiot would buy an italian bond over a high yielding stock like verizon, eli lilly, or PM
"What idiot would buy an italian bond over a high yielding stock like verizon, eli lilly, or PM"
Plunge Protection Team.
Eli Lilly is a worse investment then Italy, but besides the fact the answer to your question is Jon Corzine would. Therefore the USA Government would also do the same (since Corzine is ex-Government brilliance and comes from the same stock).
Ita;ly big winner, US big loser in Treasuries. Will led Big Ben to QE3!!!!!!
E1 Trillion Cash Infusion into Eurozone - Fed May Enter "Bailout Bonanza!" - Italy, Belgium, Spain and France Big Winners in Bond Market, US Biggest Loser
The PIG of PIGS. Italy needs to get a new one ripped for them. They need to pay for this crap. If The Germans have a net worth of 87,000 per person and Italians have a net worth of 98,000 per person, something is seriously wrong. if I was Germany I would go after Italy like a wolf.
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