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Dr. V

Dr. V
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  • If The Germans Were Serious About Stabilizing Aggregate Demand [View article]
    Give that man a cigar!

    They make up their own news, and commit themselves to believing it as well. Been lying for years about how good it is.

    Wait, they started doing that in 1936 as well.................?
    Nov 23 11:55 AM | Likes Like |Link to Comment
  • Eurozone debt contagion has firmly ensconced itself in the core: an auction of €6B ($8.06B) of German 10-year bonds attracts what was apparently the worst demand on record. Total bids amounted to €3.889B, or 35% short of the total available. The yield was 1.98%.  [View news story]
    That is again, a perfect example of Germany's inability to make a sound financial decision. They were 39% short of the total available, they haven't a clue, have they?
    Nov 23 11:51 AM | Likes Like |Link to Comment
  • Eurozone debt contagion has firmly ensconced itself in the core: an auction of €6B ($8.06B) of German 10-year bonds attracts what was apparently the worst demand on record. Total bids amounted to €3.889B, or 35% short of the total available. The yield was 1.98%.  [View news story]
    We pray.

    Merkel is the only one man enough to fight, that's hilarious!
    Nov 23 11:46 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Too late there. Nazi killings on the rise as we are seeing 24/7 on German TV, always followed by Hitler Documentaries 7 days a week.
    Nov 23 11:41 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Never did "take" a holiday, OR, never "took" a holiday. Probably in that same English book you referred to.
    Nov 23 11:38 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    The US situation is hardly of the same caliber as the EU Crisis. US has always met it's financial hardships head on, and survived.

    Unlike Germany, enjoying the luxury of being "reset to zero" and walking away from their financial responsibilities 4 times in the last 100 yrs. alone.

    That incidentally came from the mouth of one of the top Financial Experts in Germany last week on German TV.
    Nov 23 11:34 AM | 1 Like Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Germany is about Germany.

    What's in it for us, line of thinking.

    Just because they started the ECB in 1998, they think they can still control it, using it for their own "soft loans" at little, or in some cases no interest charges at all, public record, all of it.

    They knew the end was coming when Weber wasn't tapped for the Chief seat. Germany campaigned harshly against Draghi, knowing their days were numbered, and the "free ride" was now over. Stark, smartened up and got the hell out while he still could, securing the end of the German lead "Monetary Policy" which they single handedly, or better said "heavy handedly" controlled since 1998. As soon as Draghi came in, BANG! Everything changed, didn't it? Italy sorting out their house now, refinancing debt, not so bad as Germany said it was, eh?

    I also do not know of ANY "Socialist" system which functions democratically. Germany is clearly no democracy. Failed experiment is much more fitting.
    Nov 23 11:29 AM | 1 Like Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Not difficult, impossible.
    Nov 23 11:14 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Fact 1

    Germany is the only industrialized country in the world, where you do not need a Degree in Finance or Economics, to be the Finance or Economic Minister. Dr. Schauble, is a Jurist, and Dr. Rösler, a Medical Doctor, neither gentleman having studied Finance or Economics for a single day, clearly unqualified for the positions they hold.

    Fact 2
    Germany as a nation, nor it's taxpayers, have paid, transferred, or wired, one (1) single cent for Greece, or any other country in the EU since the start of the Euro Crisis in March 2010.

    THE ENTIRE RESCUE PLAN IS COMPRISED ONLY OF BONDS.

    No German person, has or will be made to, pay for any other EU country, immpossible. The EFSF IS ALSO A BOND ONLY RESCUE PLAN, AND THE GERMAN FEDERAL GOVERNMENT CANNOT FORCE IT'S CITIZENS TO BUY BONDS, FULL STOP.

    ANYONE, who claims to have paid, or been forced to pay for a "Greek Bailout" is either profoundly retarded, or a liar. No money of any amount has changed hands, ONLY BONDS.

    If Germany tells it's citizens they will be taxed to pay for a bailout, they have not only lied, but committed a crime as well.

    I agree that you as a citizen should not have to pay. It is your country who is lying to you, telling you that's is the REASON you must pay. They are actually pulling you over the table to pay their own debt, by making it YOUR debt.

    I am a Monetary Policy Administrator currently working on the new Macroprudential Monetary Policy Strategy for the EU/EBA/IMF, and
    we know better, as we are administering the current EU Monetary Policy, and have introduced new policy changes to force the ECB to act like a Central Bank, a mandate of their Central Bank Charter, and step in, to solve this EU Financial Crisis, which is why they exist, instead of being Germany's "personal cash register" which is what they have been for the last 12 years.

    Fact 3
    According to EUROSTAT, the Official Statistics Office of the EU:

    Germany leads the EU in 2011 Q3 Government Debt at 2.088 Trillion Euros.

    Italy is #2 at 1.868 Trillion Euros.

    France is#3 at 1.646 Trillion Euros.

    Those are recorded facts.

    Search the story that broke through BLOOMBERG / REUTERS about 6-8 weeks ago, Germany's "hidden government debt" of an additional 5 Trillion Euros.

    Add that to the above listed 2.088 Trillion and you get:

    7.088 Trillion Euros in Government Debt, or 268% Debt to GDP, making Germany the # 1 Debtor nation in the world by Debt/GDP, surpassing Japan at a mere 210%.

    Germany said it wants all violators of the Maastricht Treaty to be punished for surpassing the Debt Limit of 60%, they can start with themselves. 4 X the allowed limit, is hardly the " Vorbild " they pretend to be.

    *All of the information contained in these comments are fact.
    Nov 23 11:09 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Stop with the anti-Semitic rant already, Monsieur Morf. We are not here to appease your anti-Zionistic views or conspiracy theories either.

    Ceci est un site web géré juif, vous êtes conscient de cela, non?

    אתה לא שונא את הנגן, שונא את המשחק.

    Shalom
    Nov 22 04:18 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Exactly. Fr. Merkel keeps threatening to leave, let her. Good riddance.
    Nov 22 04:11 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Hey,
    Before you assume you are smarter that "US readers", please understand this fact about hardship.

    US taxpayers paid for the Marshall Plan, carried the entire economic burden by themselves, tell me about compromise and sacrifice, provided by US American taxpayers, and they were not given a choice, nor did anybody cry about it.

    You obviously have not studied, or you would know about "tough medicine", as you call it during the "Great Depression", another paramount example of the exemplary dedication to work ethic and sacrifice of US Americans.

    Eurozone member countries are capable of compromise?

    Why the problem then? Clearly, you were smart enough to figure it all out in 3 mins., so tell us, Mr. Einstein, why are you holding back?

    "Reading can set you free from the bonds of ignorance."
    Nov 22 04:08 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    It already is over 20%, they just lie about it. They do not count the people living on State Money as being unemployed. They also do not count the 1 Euro an hour job unemployed people, as unemployed.

    These figures change their unemployment figures drastically.
    Nov 22 03:47 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Like Ireland and Germany do regularly. Printing money I mean, not drinking.
    Nov 22 03:43 AM | Likes Like |Link to Comment
  • Eurozone: Print Or Perish [View article]
    Ah, but that is where you are wrong. Don't let being in Germany distract you from the facts. Easy to have happen with all the "anti-US" Propaganda still alive and well. Most ungratefull, that is.

    Without the help of the US, Germany would not exist as it does today. The US single handedly, rebuilt Germany, and ALL of her industry, without one single bit of help or sacrifice from the German people. Since they had nothing, everything was provided....you're welcome.

    During the Cold war, I was a Regional Commander in the US Forces stationed in Germany for 20 years. The mendacity of the German public at large was beyond reproach. Germany claiming to have rebuilt their industry is an outright lie, full stop.

    That is of course, unless the world's history books are wrong, and the Marshall Plan was actually part of the German Propaganda Machine, created as an illusion to fool us all.

    Anyone clearly knows the German restructuring was accomplished by the US, with US Dollars, being paid for by US Citizens, who were taxed in order to pay for Germany to be rebuilt, and I do not mean housing, I mean Indusrty and Infrastructure, all of it.

    And on top of it, the attitude being shown even through your comments. So defiant, please tell me then, why it is that Germany cannot defend themselves then? Why are US Troops still here in Germany protecting you from invasion? Ballistic Missiles strategically placed on your boarders, manned by US Military Personnel, paid for still.....by US Citizens, with US Dollars, being taxed to pay for you to live in freedom, and make comments about things you do not yet fully understand, but probably will, one day. All the risk and cost being carried by US Military and US taxpayers, to allow you to attend University, that's who made that possible.

    When you become responsible for International Security and Economic Policy for the German Federal Government, I will be glad to have this conversation with you. You would be shocked to find out who runs your country and why.

    If you do finally become a Lawyer, (Rechtsanwalt) you must become a member of a local bar association. When you swear in, pay attention who you are swearing your allegiance to,.......... it isn't to Germany is it? Remember this when you think back.
    Nov 22 03:39 AM | 1 Like Like |Link to Comment
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