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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (56781)1/18/2015 3:52:52 AM
From: elmatador  Respond to of 71400
 
rather than analysis determining "we can't get there from here" Yes. That's what I am implying (if I could write English :-)

The situation changed dramatically since 3 years ago when the pegged.
Game theory: the Schweizer changed their position to keep in an advantage or to gain on the coming events.

Why didn't they tell the other central bankers what they were doing... at least coincident with the act ?

True: Jordan didn't warn he IMF nor informed the ECB.

IMF Lagarde:

The Swiss central bank chief Thomas Jordan may not have warned European Central Bank chief Mario Draghi and others about the move, either: “I would hope that it was communicated with other colleagues from central banks. I’m not sure it was.”The move hasn’t been endorsed by the IMF: “I’m going to reserve judgment on the pertinence of that move because we have not discussed it with governor Jordan and I would certainly want to understand exactly where he was coming from.”

The most frightening questions you asked are:

So, what ELSE might be lurking out there ?
Fear of a leftists sweeping across EU and they go Article 50
1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements.
Message 29901615

Or, what other impact of the policy change made would tend to explain it... if you knew what it was that was driving them to act ?

The driver must be the dramatic changes in the situation since 3 years ago when the pegged.
Austerity did not take the indebted countries out the hole they dug.
US ended QE
Germany's economy, once seen as an engine of EU, is tanking.
Draghi wants QE