| News: France
  France Euro May Keep Falling, Dragging Down Rest of Market (karma: 3)
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By VAVD  Comments: 2547, member since Wed Nov 25, 2009On Mon Dec 12, 2011 04:36 PM
Markets were unimpressed by the recent EU summit where European leaders boldly pledged to do something serious, at some date in the indefinite future, that would probably help, maybe.
The euro could be headed for a long slide—and possibly take stocks and commodities with it.
The beleaguered currency skidded Monday, as the European leaders' summit failed to bolster confidence in their ability to stem the sovereign debt crisis. And with nothing on the horizon from the European Union policymakers in the near future, the currency is likely to continue to slide into the new year.
At its low Monday, the euro was down 1.5 percent at 1.3168. The euro's decline accompanied a drop in risk assets, with the S&P 500 down more than 2 percent, gold down nearly 3 percent and oil down 1.6 percent.
The euro has a tight correlation to other markets and frequently moves in tandem with risk assets, like stocks and commodities. That does not bode well for a "Santa rally," which many analysts had been expected to take the stock market higher into the year end.
U.S. stocks have acted better than European shares, as they have been responding to improving economic news in the U.S. Analysts also note that stocks could be cheered if Congress agrees to extend the payroll tax cut, estimated to be worth a half to full percent of GDP growth. 36 Replies to Euro May Keep Falling, Dragging Down Rest of Market |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By fuzzywuzzy2 Comments: 4625, member since Wed Mar 12, 2003On Mon Dec 12, 2011 04:41 PM
 . |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 3)
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By simplefrench Comments: 63768, member since Wed Mar 19, 2003On Mon Dec 12, 2011 04:41 PM
the € is considered as too high.Excepted Germany | |
re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By VAVD Comments: 2547, member since Wed Nov 25, 2009On Mon Dec 12, 2011 04:44 PM
simplefrench wrote:
the € is considered as too high.Excepted Germany
The problem for your people, Simple, is that the Germans are running things now. |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 5)
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By bratwurst1978 Comments: 2749, member since Tue Nov 30, 2004On Mon Dec 12, 2011 04:46 PM
That is not correct. We do not run the paperboy union. |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By Nappybonesapart Comments: 15382, member since Fri Aug 27, 2004On Mon Dec 12, 2011 07:34 PM
and thats why the thousand year Reich lasted a mere decade |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 3)
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By OldLyme Comments: 35305, member since Fri Jun 04, 2004On Mon Dec 12, 2011 07:44 PM
 simplefrench wrote:
the € is considered as too high.Excepted Germany | re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 4)
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By OldLyme Comments: 35305, member since Fri Jun 04, 2004On Mon Dec 12, 2011 08:07 PM
Bring back the french frank! |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 3)
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By FrogFryer Comments: 35703, member since Wed Apr 16, 2003On Mon Dec 12, 2011 08:33 PM
Edited by FrogFryer (63085) on 2011-12-12 20:34:17
on my phone i have an alert that is set so everytime a certain number of pips clock off in my favor i get an alert .... all morning .... all day
without even looking at the screen I was laughing
BWAHHHHHH
eu army dont even wanna know what i heard the chinks were up to in the wee hours of the morning yesterday ,if its true or not i dunno
BUT IT AINT GOOD
this euro experiment is just about over
I did well today & I got futures contracts coming up in a few
it is indeed a merry christmas
well for some of us anyway
 | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By OldLyme Comments: 35305, member since Fri Jun 04, 2004On Mon Dec 12, 2011 08:43 PM
I did well today & I got futures contracts coming up in a few
it is indeed a merry christmas
well for some of us anyway
If Geithner Leaves, Here's One Clue To His Replacement
Read more: articles.businessinsider.com . . . | re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By FrogFryer Comments: 35703, member since Wed Apr 16, 2003On Mon Dec 12, 2011 08:55 PM
OldLyme wrote:
I did well today & I got futures contracts coming up in a few
it is indeed a merry christmas
well for some of us anyway
If Geithner Leaves, Here's One Clue To His Replacement
Read more: articles.businessinsider.com . . .
welcome to obamaland
lol I think they took his name off the list
meanwhile they stole a billion fuckin dollars and left that prick to hang over the fire .....upsidedown
AWESOME!
KUDOS ! | re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 2)
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By bratwurst1978 Comments: 2749, member since Tue Nov 30, 2004On Tue Dec 13, 2011 01:45 AM
eu army dont even wanna know what i heard the chinks were up to in the wee hours of the morning yesterday ,if its true or not i dunno
Uh oh. Is that going to unravel before or after the announcement today that a big Euro bank will go bust ? You really have the inside scoop, Fryer. Solid stuff, I'm totally impressed. |  re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By lookanlearn Comments: 5230, member since Sun Jun 10, 2007On Tue Dec 13, 2011 05:22 AM
Does europe indeed need to get rid of all welfare scroungers from outside its territory?
Dump them in Israel or something?
 |  re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By maxdorleans Comments: 8404, member since Fri Jul 21, 2006On Tue Dec 13, 2011 05:46 AM
Euro may keep falling, dragging down rest of market, wich means the collapse of British and American pensions. |  re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By Lord_Haw_Haw Comments: 8702, member since Sun Mar 07, 2010On Tue Dec 13, 2011 05:52 AM
lookanlearn wrote:
Does europe indeed need to get rid of all welfare scroungers from outside its territory?
Dump them in Israel or something?
of course the bankers always blame Euros and Poms for being welfare bludgers, and require " austerity measures ". I bet the average dole bludger in Europe has never been gifted as much public money as a failed bank! |  re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By Lily42 Comments: 7006, member since Mon Jul 26, 2004On Tue Dec 13, 2011 07:58 AM
Edited by Lily42 (74791) on 2011-12-13 07:59:21 *ù$#@ stupid $%* preview
6 years ago, Uncle_Meat started a thread to "follow the crash of the euro"
On Tuesday:
1 EUR = US$ 1.29184 as of 2005.04.12 21:39 Universal Time (GMT).
On Thursday:
1 EUR = US$ 1.28080 as of 2005.04.14 17:44 Universal Time (GMT).
www.fuckfrance.com . . .
I'm unimpressed. | re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By Nappybonesapart Comments: 15382, member since Fri Aug 27, 2004On Tue Dec 13, 2011 08:05 AM
whereas i am UM reckons the Euro and the Joule are now comparable | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By FrogFryer Comments: 35703, member since Wed Apr 16, 2003On Tue Dec 13, 2011 08:13 AM
bratwurst1978 wrote:
eu army dont even wanna know what i heard the chinks were up to in the wee hours of the morning yesterday ,if its true or not i dunno
Uh oh. Is that going to unravel before or after the announcement today that a big Euro bank will go bust ? You really have the inside scoop, Fryer. Solid stuff, I'm totally impressed.
heil hitler
i didnt say anything about a bank . who said anything about a bank ?
its bigger
its only a rumor .... for the moment .......snort
fryer geko LOL
purple 9
jean ver has the real skinny
"once the Germans are assured the Greeks and others will not be piggy backing on their credit line Europe will carry on .....forward ......in perpetual flaccid greatness ....multipolar fleece world ....now allies united against the Indian Chink threat.... euro solid ....... ah blah blah blah derr"
hummm you were another union supporter
I mean you and atlas a few years ago praising how the new Europe was erasing peoples crazy nationalistic feelings toward their own countries .at least with you two that lasted until their was a soccer game . then it was like da fuhrer was on line and the German flags were flying all over fuckfrance . All of Europe would bow before you .... hey.... wait a minute
yoink!
anyway hows that working out for yas today ?
ya know with the "basta europa" signs popping up all over Italy n such ?
wheres my deutsch marks ?
my pile grows
im waitin | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By bratwurst1978 Comments: 2749, member since Tue Nov 30, 2004On Tue Dec 13, 2011 08:48 AM
Edited by bratwurst1978 (75626) on 2011-12-13 08:57:16
We'll just have to wait and see once the dust settles, won't we Fryer Gecko? I'm sure there will be plenty of opportunity to make a quick buck for "savvy investors" like yourself and a definite possibility it will all blow up in your face 
If you take the fun nationalistic rantings about some soccer match seriously, that's your lapse of judgment and not my problem to worry about. I'm still pro Europe and simultaneously EU skeptic as always, because I dislike the direction the EU is takingin general. Whether I'm pro Euro (currency) will depend on how the current leadership organizes the financial system for the Eurozone after this shitstorm and we're slowly approaching the moment of truth in that regard.
I'm practical about all of this, not passionate. I realize what the benefits for our businesses (specifically German ones) of having an open market and a mutual currency are, a positive that can easily be offset by the institutionalization of a transfer union, corruption by an unchecked and corrupt EU bureaucracy and the ongoing privileged treatment of financial profiteers.
Right now I am unable to formulate a definite pro or anti opinion, because too many things are in motion and I won't join in the frantic emotional populism on either side until it is clear where we're headed. If the course is going to be set towards serfdom of productive citizens, which is a very real possibility, I will definitely dedicate a lot of energy and action to work against it, in any way that I can. | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By maxdorleans Comments: 8404, member since Fri Jul 21, 2006On Tue Dec 13, 2011 09:13 AM
bratwurst1978 wrote:
I'm practical about all of this, not passionate. I realize what the benefits for our businesses (specifically German ones) of having an open market and a mutual currency are, a positive that can easily be offset by the institutionalization of a transfer union, corruption by an unchecked and corrupt EU bureaucracy and the ongoing privileged treatment of financial profiteers.
Populism at its best.
Maybe it's time we all split up and recreate an economical zone based on solidarity with friendly countries. Fuck off, Germany, the Netherlands, Poland and Hungary... of course UK. | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By bratwurst1978 Comments: 2749, member since Tue Nov 30, 2004On Tue Dec 13, 2011 09:15 AM
maxdorleans wrote:
Populism at its best.
How so? Care to argue your point? | re: Euro May Keep Falling, Dragging Down Rest of Market (karma: 1)
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By VAVD Comments: 2547, member since Wed Nov 25, 2009On Tue Dec 13, 2011 09:17 AM
maxdorleans wrote:
Maybe it's time we all split up and recreate an economical zone based on solidarity with friendly countries. Fuck off, Germany, the Netherlands, Poland and Hungary... of course UK.
So who will subsidize your incompetent farmers and industry after they're gone, Max? | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By bratwurst1978 Comments: 2749, member since Tue Nov 30, 2004On Tue Dec 13, 2011 09:45 AM
maxdorleans wrote:
Maybe it's time we all split up and recreate an economical zone based on solidarity with friendly countries. Fuck off, Germany, the Netherlands, Poland and Hungary... of course UK.
I'm also curious who it is you mean by "we".
Do you think the rest of the EU block (excluding those nations listed) will readily follow France into a new alliance of your own design because what... you feel you are the fabulous "grande nation", culturally superior and your language sounds so gay (I mean happy of course)?
If so, you seriously need to re-examine your self-perception and more importantly the perception others have of you, because there is an obvious disconnect. I let you discover what that is exactly
It's amazing how some French still think French leadership is self-evident without bringing anything to the table.
The EU can only make sense on the basis of mutual self-interest and that includes (not presumes) German self-interest. Everything else is just maneuvering and posturing. It is in no way "populism" if you identify where your own interests lie and on this basis evaluate if the deal that is on the table is right for you or not. That's common sense. | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By maxdorleans Comments: 8404, member since Fri Jul 21, 2006On Tue Dec 13, 2011 09:49 AM
VAVD wrote:
So who will subsidize your incompetent farmers and industry after they're gone, Max?
Dear, you don't know much about Europe, do you?
The CAP (Common Agricultural Policy) was established to protect all of the European farmers against French farmers in a free market zone (France was at that time the second exporter in agricultural products, way ahead of all the other Euro countries)
Regarding industry, are you talking about Renault that bought Nissan and soon, one of your car companies?.
To bratwurst: You're a fucking populists as selfish as a roastbeef who only thinks of the EU as a free market zone that must bring benefits to your country in a short term.
That was not the point of the UE. That was solidarity and peace on the continent. If you forgot the basics, just fuck off.
I won't even mention the usual corruption of the European bureaucracy...
Go fuck yourself Kraut with your British and Dutch friends. | re: Euro May Keep Falling, Dragging Down Rest of Market en>fr fr>en
By maxdorleans Comments: 8404, member since Fri Jul 21, 2006On Tue Dec 13, 2011 10:13 AM
bratwurst1978 wrote:
I'm also curious who it is you mean by "we".
Do you think the rest of the EU block (excluding those nations listed) will readily follow France into a new alliance of your own design because what... you feel you are the fabulous "grande nation", culturally superior and your language sounds so gay (I mean happy of course)?
Ouah, am fucking impressed, French language sounds gay... Are you a member of FF?
You can easily imagine how much I give a fuck about the mind of a Francophobe kraut in here
If so, you seriously need to re-examine your self-perception and more importantly the perception others have of you, because there is an obvious disconnect. I let you discover what that is exactly
It's amazing how some French still think French leadership is self-evident without bringing anything to the table.
Sharing the European debt amongst all the European countries is totally dumb. It's because France still believes it is a superior nation bla bla bla.
No, that's just solidarity, a pillar of the EEC, you tard. Greece, Italy and Spain need growth, not austerity
The EU can only make sense on the basis of mutual self-interest and that includes (not presumes) German self-interest. Everything else is just maneuvering and posturing. It is in no way "populism" if you identify where your own interests lie and on this basis evaluate if the deal that is on the table is right for you or not. That's common sense.
Keep in mind, you tard, that your demography is collapsing and you will need fucking soon the help of the population you look down on at this very moment.
We promise we won't forget what Krauts are doing since the last 6 months. |
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