Heinz Blasnik- Views You Can Use Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (1839)	5/25/2003 9:09:49 AM
From: Haim R. Branisteanu	Read Replies (2) of 4905

Grant as always is right but does not have a global view. Wonder what he would write about Italy and Germany ..... or Spain or France. The government and corporate burden there is higher than the US. Italy's government debt is higher than the country GDP .... Germany is drowning in debt and the state is going to borrow additional EUR 40 billion this year or over 3% of GDP ..... health insurance there are on verge of collapse as are many banks loaded with nonperforming corporate debt. IMHO the recent rise in the EUR is exactly targeted to lighten that debt burden by Non - EZ entities buying the EZ junk to keep the system afloat until and when the EZ economy will recover. Wild moves in FX markets ahead -- in the Western World paper money viability is now even more questionable

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next