Comments on: Initial Vote of Confidence in EU Announcement: Euro Rallies http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html Sun, 22 Nov 2009 06:06:33 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21181 Anonymous Mon, 13 Oct 2008 02:21:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21181 vote of confidence? great! I have heard those words before. let the show continue, just let me have my seat please. "Fundamentals Of Our Economy Are Still Strong", in the US, in the EU, everywhere. We have have to go through a little deleveraging, realignment, some social changes and we will be rolling again, if we survive the process. vote of confidence? great! I have heard those words before. let the show continue, just let me have my seat please. “Fundamentals Of Our Economy Are Still Strong”, in the US, in the EU, everywhere. We have have to go through a little deleveraging, realignment, some social changes and we will be rolling again, if we survive the process.

]]> By: Max http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21165 Max Mon, 13 Oct 2008 00:47:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21165 <i>Anonymous said... <br/>The dollar's reserve status would benefit considerably if a nation or two leave the European monetary union.<br/><br/>October 12, 2008 7:57 PM</i><br/><br/>It unlikely any country is willing to leave EUR. Looks what's happened to Iceland, they wish they had EUR as the currency right now.<br/><br/>The question is will Sweden join the EUR as the result of the crisis? Anonymous said…
The dollar’s reserve status would benefit considerably if a nation or two leave the European monetary union.

October 12, 2008 7:57 PM

It unlikely any country is willing to leave EUR. Looks what’s happened to Iceland, they wish they had EUR as the currency right now.

The question is will Sweden join the EUR as the result of the crisis?

]]> By: Abbott_Of_Iona http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21162 Abbott_Of_Iona Mon, 13 Oct 2008 00:20:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21162 "Essentially, the casino is temporarily open and this instant-lotto trend is a promotional marketing gimmick to lure lemmings back to the table"<br/><br/>Well said.<br/><br/>The Sovereign States have just entered the casino.<br/><br/>Except they are not Sovereign when it needs to go "Cap in Hand" to a moneylender.<br/><br/>The USA & Europe may think that they are committing future tax receipts to the various bailouts but that rather depends on the mood of the pawnboker.<br/><br/>And maybe the pawnbroker fancies your daughter. "Essentially, the casino is temporarily open and this instant-lotto trend is a promotional marketing gimmick to lure lemmings back to the table"

Well said.

The Sovereign States have just entered the casino.

Except they are not Sovereign when it needs to go "Cap in Hand" to a moneylender.

The USA & Europe may think that they are committing future tax receipts to the various bailouts but that rather depends on the mood of the pawnboker.

And maybe the pawnbroker fancies your daughter.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21155 Anonymous Sun, 12 Oct 2008 23:57:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21155 The dollar's reserve status would benefit considerably if a nation or two leave the European monetary union. The dollar’s reserve status would benefit considerably if a nation or two leave the European monetary union.

]]> By: doctor dark http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21154 doctor dark Sun, 12 Oct 2008 23:53:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21154 Traders with The Euro are willing to speculate on bailouts and shadow intervention and continue to play along until something better comes along -- or until this falls apart again. Speculation and confidence seldom coexist, so wait a few months and see how many gurus are left in this game. Essentially, the casino is temporarily open and this instant-lotto trend is a promotional marketing gimmick to lure lemmings back to the table -- but who cares at this stage? Traders with The Euro are willing to speculate on bailouts and shadow intervention and continue to play along until something better comes along — or until this falls apart again. Speculation and confidence seldom coexist, so wait a few months and see how many gurus are left in this game. Essentially, the casino is temporarily open and this instant-lotto trend is a promotional marketing gimmick to lure lemmings back to the table — but who cares at this stage?

]]> By: Abbott_Of_Iona http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu.html#comment-21143 Abbott_Of_Iona Sun, 12 Oct 2008 22:37:00 +0000 http://www.nakedcapitalism.com/2008/10/initial-vote-of-confidence-in-eu-announcement-euro-rallies/#comment-21143 Can Hank save the Dollar with another bet against the Euro?<br/><br/>Guns & Ammunition<br/><br/>Does Hank have anything left to put into his bazooka?<br/><br/>Is the $USA losing its reserve status? Can Hank save the Dollar with another bet against the Euro?

Guns & Ammunition

Does Hank have anything left to put into his bazooka?

Is the $USA losing its reserve status?

]]>