EUARTE

39 Comments

    • ON: Sat Oct 4th 13:10 PM
      Commented on:
      Eurozone Divided By Banking Crisis
      I am not a professional economist. Nonetheless, when the € was created I told all my friends that the € was doomed. It had none of the basic things needed for a viable currency. I was laughed at and got those kind smiles. Well! Here it tis. On the way out.
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    • ON: Thu Sep 11th 13:09 PM
      Commented on:
      When Energy Goes Lower - Fast Money Recap (9/10/08)
      As for Lehman Bros. one can see how the Federal Government is so slow in acting. They seem to love crisis. They should march in immediately and put it in receivership. Do the financial work and disolve the company.
      That would be good management of the economy and would show that the government is on top of things.
      This will not happen because they need as much time as possible to work out a plan to save the investors. Or better know as socialism for capitalist.
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    • ON: Fri Aug 22nd 09:27 AM
      Commented on:
      Friday Outlook: Commodities, Emerging Markets
      Yes, Soviets. Putin is a Soviet thug.
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    • ON: Fri Aug 22nd 09:24 AM
      Commented on:
      Oil's Jump Pushes Dollar Down
      I do not grasp why oil to USA would be effected if oil to EU is effected by Russia. The US does not get oil from Russia. Also, there are tons of contracts out there for mideast oil for the US.
      For the US the answer is drill, drill and drill.
      For the EU, it was warned by US, many years ago, not to depend on Russia for energy.
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    • ON: Mon Aug 18th 16:14 PM
      Commented on:
      Is the Buck Really Back?
      My interest is what may happen to the Brasilian Real R$ vs the US$?? This powerful currency is rarely mentioned.
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    • ON: Sat Aug 9th 14:34 PM
      Commented on:
      Forex Wrapup: Dollar Benefits As Traders Focus on Weak Economies Elsewhere
      Good report. Your one of the few I bother to read re: US$. But, again, the Brasilain R$ is never mentioned. Any particular reason? Just USA/Japan/EU orientation?
      Thanks!!
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    • ON: Fri Aug 8th 10:06 AM
      Commented on:
      Please, Mr. Greenspan, Shut Up
      He was the worst Chairman possible. He was totally political and really did not understand what he was doing. I don't believe the present crowd understands it all but they are trying. They are doing it wrong but keep looking to understand and may correct themselves. Greenspan just kept printing money and mumbling.

      To show he is without grace and a politician he keeps talking. Shades of his friend Bill Clinton. Birds of a feather.....
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    • ON: Thu Jul 31st 09:52 AM
      Commented on:
      'Limits? What Limits?' - Hypothetical Fedspeak
      They look good. They look serious. Except they apparently really don't know what they are doing. Ben sways with the wind. Paulson tries to do the only thing he understands (and helps him return to Wall Street employmnet). The Congress panders.
      There is no imagination. There are no guts.
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    • ON: Thu Jul 31st 09:40 AM
      Commented on:
      Secretary Paulson: Support the Dollar Now
      There is no chance that the government will support the dollar. There is a mindset in Washington to have a Weimar currency.
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    • ON: Mon Jul 28th 10:23 AM
      Commented on:
      If Commodities Falter, Export Reliant Currencies Could Follow
      It will take longer for the Real to weaken because the country has huge reserves. Nonetheless, reserves don't last forever.

      One should also keep in mind that Brasil must pay off overly generous interest rates on it's bonds. In addition, one must remember that Brasil, for all it's recent progress, is mostly a third world country with most the population still in this mode. When commodity sales lessen it has little to fall back on.
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    • ON: Sun Jul 27th 12:24 PM
      Commented on:
      The Dodd Days of August
      Dodd is a cheap little politican whose only answer to everything is to debase the currency.
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    • ON: Sun Jul 27th 12:20 PM
      Commented on:
      Stagflation and Peak Oil: How Related Are They? (Part I)
      Look! Oil is a problem. No getting away from that. The bigger problem is the debasing of the dollar.
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    • ON: Fri Jul 25th 13:11 PM
      Commented on:
      Near-Term Dollar Rally Possible As Fed's Plosser Voices Rate Hike Urgency
      As usual the Brasilian Real R$ is a better bell weather. It went up against the dollar again (again and again and again). They know the dollar is no asset and is heading to Banana Republic land.
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    • ON: Sun Jul 20th 08:48 AM
      Commented on:
      Historic Financial Collapse Underway?
      I have to assume that all that money flowing into countries like Brasil will not only stop but reverse. Although ignored by most financial reporting, the R$ is a powerful currency. Almost daily the US$ goes down against the R$.

      So, if you were an American, having only US$ to live on, your purchasing power will increase. If you are on Social Security even a near destroyed US$ will be worth more that the R$ and other emerging countries currencies.

      The answer is get out of the states and move to another country where the currency will be destroyed by that countries stupity. Just be careful which country you choose. You may end up in a not so nice revolution.

      As for gold, I would agree to some extent that it "may" help one survive. If you do own it own it physically. I would guess that the gold issued coins, although expensive, may be the best to have for living on a day to day basis. For investment bullion will be best.

      Fannie and Freddie should quitely and quickly be burried. The faster we rid ourselves of these monsters the better. NO bailout. The Secretary of the Treasury is not interested in the country but only one street...Wall Street.

      At long last it should be openly said by everyone that Greenspan may be the second worst government employee ever. The first is the morally corrupt Congress who allowed him to continue in office.
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    • ON: Sat Jul 19th 13:25 PM
      Commented on:
      Free the Frozen Fed!
      The main problem of the last decade or two is moral corruption mixed with a heavy dose of stupidity. It has proven to be a powerful poison. Domestically, just look at The Speaker of the House. A poster child for finnancial and economic disaster. Remember, she and her ilk will be there in 2009. Put her, Reid in the Senate and a Marxist oriented president together and it is all over.

      The Republican's history has not been much better. McCain has been a part of the problem as much as Nancy and company.

      My faith is in a man on a white horse. Well, one can dream.
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