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I cite from myself "This leads to my last prediction. We will hear more often the Phrase (it's as all just a word we have for that in German "alternativlos" (you can roughly translate it as "we have no choice", unparalleled, the one and only choice) . If it comes to more...
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or even sarcasm, it's your time then. The state is more closed then ever And this from this Mr President Transparancy. And I guess the reason is clear. Killing time is not tha great an achievement In the Euro zone you get serves well also. The EU does not pay it's debts and has not somewhat aroudn...
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A lot of money vanished yesterday. I guess we're talking about values at or around 2-10 trillions. How will that be changed if the EZB has bought bonds from Italy and Spain at or around 5-6 billion? Without doubt, we can say also. Nothing has changed really maybe just the majority starts "understanding"...
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Would you agree if I asked "We all are "democrats" ....? Do you?.. Let's see what it means. Democracy means some figures are the "majority" and can decide for all. So let's talk our "beloved" Germany as example. We have around 80 Millions men in here. Let's...
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debts again. This time it's not in the US (they are just facing bankruptcy, but don't worry. they will raise the allowance to make even more debts) but the EU This time it's again about the PIGS states. Ireland has taken somewhere around 70 billions, now we have to see what Portugal will...
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I'm wondering. If Democracy is that great how comes that the EU is undemocratic to the bones? The only people having rights to vote are politicians from the diverse countries, agreed there is an EU parlament, but the laws are suggeste by the EU commisson and those are the diverse ministeres of the...
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Well strange things are happening in EU land. As you might know the political guidelines are initiated from a commission of the EU. If I understand it correctly ministers of the diverse EU countries are part of this commission. But this commision never ever was elected, in an open ballot. You'd might...
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Yeah guys. the TARP money has "vanished" like snow in the sun. Nobodoy know cares or ask where it's gone. Now the EU has seen it and though by themselves. What a great thing. Money for nothing and the gigs for free... And voila now it's there the EUR TARP program. Well it's not...
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the Raid is on it's way. Only if the Bundesverfassungericht stops this deledefs, things can have a positve turn. My last message about Investors now is all too true. You may make contracts with german governement, but don't count that they will stick to it. If it fits them, they may try to seize...
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Just a reminder the EU president Baroso, wants an action to help out Greece. The Maastricht Vertrag is very clear about this: Die Union haftet nicht für die Verbindlichkeiten der Zentralregierungen, der regionalen oder lokalen Gebietskörperschaften oder anderen öffentlich-rechtlichen Körperschaften...
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From CNNMoney : European Central Bank president Jean-Claude Trichet warned Wednesday that the euro area's inflation surge was likely to last longer than expected - a remark suggesting the bank will stick to its tough stance on interest rates even amid the subprime crisis. Trichet repeated that the...