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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (41187)	10/12/2008 3:29:22 AM
From: Haim R. Branisteanu	Respond to of 217850

Interesting initiatives in the EU and UK bloomberg.com A German program may allot up to 100 billion euros ($134 billion) to recapitalize private banks, state banks and insurance companies, Handelsblatt reported, citing unidentified officials. Merkel said the plan would involve ``providing banks with sufficient capital so that they are able to operate on their own - - and I don't rule out that there could be capital support.'' Brown's government has also proposed guaranteeing loans between banks to thaw money markets. The U.K. plans to recapitalize its biggest banks including Barclays Plc and provide 250 billion pounds of bank loan guarantees. homefinance.nl cmegroup.com 2008 EUR/USD (place the daily chart at "high density" period readings)

To: Haim R. Branisteanu who wrote (41187)	10/12/2008 11:55:03 AM
From: Grandk	Read Replies (1) \| Respond to of 217850

One problem that I foresee with the Euro is that the European Union has not become solidified by years of sticking together. This is only a recent experiment. There are many countries within the EU that are not necessarily the best of friends. I have a hard time believing that if things continue to worsen that all the countries in the EU will agree to sport the bill for those who are hurting more than others. When things are going good it is easy to understand the camaraderie that evolves. However, when times are dark I can see a Europe that turns to every man for himself. Countries will seek to solve their own crisis and will look to separate from the pack. This cannot be a positive occurrence for the Euro. Destabilization would take hold and the Euro would plummet. Then again, I am probably all wet and going long EUR/USD here is a genius move.