xyz] Soros: Germany must lead or leave . International financier George Soros calls for Germany to "lead or leave the euro" days before a key ruling on the eurozone's bailout fund by a German court. http://www.bbc.co.uk/news/19537693
xyz] While Lagarde has warned about the U.S. fiscal situation before, this time she took her case directly to leaders attending the Asia-Pacific Economic Cooperation Summit in Vladivostok, Russia. She said the fiscal cliff was one of “three key risks” -- the other two being the euro crisis and medium-term public financing.
[pcbguy] Just saw on CBS they said that wall street is watchin the feds this week for Quanatative easing....
Greek1212] pcbguy Hopefully QE3 = RV
[kazorlando] pcbguy I just heard that also!!
[Austin-Powers-For-PM] Greek1212 IMO, QE3 is the backup plan if the IMF can't pull off a C/E. They have to put it out there to calm the markets who are desperate for liquidity.
Read More Link on Right
[moonchild] Austin-Powers-For-PM QE has not worked twice, why would anybody think that a third time will be any different? does this remind anybody of the definition of insanity? doing the same thing over and over and expecting a different result?
[1biz4u] moonchild cruiser said they wont do anything.
[moonchild] 1biz4u I agree that they need to do something, but doing something virtually guaranteed to accomplish nothing is really not much of a solution.
[Austin-Powers-For-PM] moonchild I totally agree with you. QE3 is inflationary, stupid, backwards thinking, but it's sort of like a drug for the market. They're hooked and if you don't give it to them, they'll go through withdrawl symptoms. I say 'Fine. get it out of your system, well be better off in the long run.'
[highlander65] moonchild agree on the insanity!!
moonchild] Austin-Powers-For-PM sooner or later they will need to. And what is going on with the ECB is no better.
[highlander65] from dinar detectives: 9-9-2012 LoriC: Great news this morning!! Ministers have been submitted for approval, smart cards are going to be introduced and Maliki is being forced to implement the reforms before anyone will even think about having a National Meeting and if he doesn’t they are going to withdraw the confidence from him. That pressure is great news for us and with Talabani returning soon this all could fall into place early next week, possibly as soon as tomorrow.
[mr_shoemake] highlander65 how credible is that post
[medusa1130 ] hughlander65 what does that mean for us?
[weimar_police] mr_shoemake yes, I was wondering too - hoping, but...
[highlander65] mr_shoemake we have heard spins on that from others as well. The National Meeting was thought to be key in this but who knows for sure medusa1130
[highlander65] weimar_police We need to keep the faith on the fact we have to be very close at this point...
[mr_shoemake] weimar_police i won't get excited till i am at the bank but i pray it is soon not negative just wont get excited till then
[Austin-Powers-For-PM] moonchild Totally agree.
[highlander65] moonchild agree totally ... someone needs to FINALLY do something lol
[weimar_police] highlander65 mr_shoemake I agree, its just you hear some folks say things like this were dones\ months ago
[WCW] i vote no more broke saturdays
[mr_shoemake] weimar_police you can say that again
[highlander65] WCW I'll vote for that !!!!!!
[1biz4u] highlander65 I like that!! Wow!!
[tooldog] WCW i vote for that also
[mr_shoemake] highlander65 i vote for the rv in 10 minutes
weimar_police] I even bought an RV button from ebay last week, and I have pushed it for days
[highlander65] Global central bankers continue meetings in Basel today after Bank of England Governor Mervyn King led talks on the collapse in confidence in Libor, the benchmark rate for more than $500 trillion of securities. At least a dozen banks are being probed by regulators worldwide for potentially rigging the London interbank offered rate. King met with counterparts from the world’s largest economies in the Swiss city starting yesterday. The meeting is held every two months under the auspices of the Bank for International Settlements. http://www.bloomberg.com/news/2012-09-08/king-to-lead-central-bankers-seeking-solution-to-libor-damage.html