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1GREENGIANT

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  • Number crunchers at Germany's finance ministry put into figures why the country opposes a eurobond: the first year would reportedly cost €2.5B ($3.6B) in extra interest and the second year twice that; by the tenth year the expense would soar to €20-25B.  [View news story]
    If Germany leaves the Euro, because higher costs of borrowing,the Deutche mark will soar like the Swiss Franc currency, thus putting greater pressure on a export driven economy, they have to make up their minds, Nobody can win them all.The world is waiting
    Aug 22 02:27 PM | 2 Likes Like |Link to Comment
  • Number crunchers at Germany's finance ministry put into figures why the country opposes a eurobond: the first year would reportedly cost €2.5B ($3.6B) in extra interest and the second year twice that; by the tenth year the expense would soar to €20-25B.  [View news story]
    If Germany leaves the Euro, because higher costs of borrowing,the Deuche mark will soar like the Swiss Franc currency, thus putting greater pressure on a export driven economy, they have to make up their minds, Nobody can win them all.
    Aug 21 03:27 PM | 1 Like Like |Link to Comment
  • A big player in the mortgage REIT sector catches an upgrade amidst the sell-off, American Capital Agency (AGNC -3%) being moved to Buy from Hold at Sterne Agee. Shares were down about 8% at the session lows. [View news story]
    The Fed is in our business. The storm is still going. We must wait for the dust to settle. Maybe 4 months
    Oct 15 05:19 PM | Likes Like |Link to Comment
  • The White House is reportedly mulling an idea to let homeowners with government-backed mortgages refinance them at today’s lower rates of about 4%. The move could boost the economy by saving borrowers an estimated $85B a year, but may face oppostition from regulators and investors in bonds tied to the loans.  [View news story]
    All ideas are fine,but push one button up another comes down, why not do the right thing, allow X amount of foreigners to obtain a green card with the purchase of property and the amount needed for each purchase is proportonial to the cities needs. The green card comes with a moratorium for taxes for X years. At the end of the X years the person can opt to remain or leave the green card, no question asked. Nothing like sales and the notion that the market is moving up to create an upswing
    Aug 25 08:32 PM | Likes Like |Link to Comment
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