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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (5835)1/22/2004 2:34:23 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
From recent noise emanating from various European ministers and ECB members it seems they are extremely disorganized and do not know how to handle the situation. Each country finance minister has an opinion which in itself is not coherent

They are completely confused between what to say regarding their economy and the level of the EUR they all contradict each other so it is difficult to gouge if stupidity and pride will overcome reason.

The fact that the Bundesbank wants to sell it's gold is important. Weltke is now on CNBC Europe BS'ing similar to AG about German Banking system