Silicon Investor (SI) -- The First Internet Community

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

To: futures speculator who wrote (38030)	8/7/2005 11:24:56 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

until the lira makes a comeback, i'm short Italian cobblers. if you think it's all a joke to which hoi polloi are not privy, live accordingly and good luck.

To: futures speculator who wrote (38030)	8/7/2005 11:36:52 AM
From: John Vosilla	Respond to of 110194

"..apart from some very crude propaganda that I've seen flying around during the last few months (which is understandable, as it's part of the psy-ops to prevent a massive flight from the dollar during the upcoming debasement) there's nothing that would make me think that the end of Euro is anywhere near." That appears to be the most logical answer. I read the book "The European Dream" lately and it painted a quite impressive future for the union. The fact I see few care to immigrate to the US these days is quite telling even with collapse of former Soviet Union and Yugoslavia.

To: futures speculator who wrote (38030)	8/7/2005 12:05:54 PM
From: zebra4o1	Respond to of 110194

Regarding the Euro: Has there every been a previous example in history of a super-national fiat currency? Seems like an inherently unstable situation to me. The whole point of having a national currency is that its value can be 'adjusted' for the benefit of the host country. That's why the gold standard doesn't have a chance. Nobody wants to be stuck with an inflexible hard currency while other countries are free to manipulate their fiat currency. How many different countries are in the eurozone now? These countries are apparently unwilling to give up their sovereignty and merge into a unified political entity. But at the same time they are willing to give up sovereign power over their currency? Just doesn't make sense. The whole thing is a house of cards.