Comments on: Why It’s “Mayday” For the Euro… And What You Should Do http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html Investment Advice and Investment Research with a Contrarian Point of View Thu, 09 Feb 2012 16:06:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ace2010 http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-38322 Ace2010 Sun, 14 Mar 2010 13:32:20 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-38322 I agree. For the past two years I've been reading about how the Euro is doomed but I don't see it happening. Yes, they have high unemployment but many people in Europe own their home free and clear and are therefore better prepared to weather the storm. (I have friends and relatives living in Europe so I know this to be the case). Property taxes are much lower than what we pay in the U.S. and many people don't even need property insurance since their houses are made of stone, brick and cement while we live in straw houses made of sheet rock and pine wood (even though most tornadoes happen in the USA). Most European countries enjoy an excellent and affordable health care system. Finally, I haven't noticed much of a drop in hotel prices and airfares to Europe. The rock bottom airfare prices are mostly in the US. Right now the only advantage of living in the US is that we can go to "Best Buy" and buy lots of gadgets at a good price. We have big guns and gadgets but not much else. ace2010 I agree. For the past two years I’ve been reading about how the Euro is doomed but I don’t see it happening.

Yes, they have high unemployment but many people in Europe own their home free and clear and are therefore better prepared to weather the storm.

(I have friends and relatives living in Europe so I know this to be the case).

Property taxes are much lower than what we pay in the U.S. and many people don’t even need property insurance since their houses are made of stone, brick and cement while we live in straw houses made of sheet rock and pine wood (even though most tornadoes happen in the USA).

Most European countries enjoy an excellent and affordable health care system.

Finally, I haven’t noticed much of a drop in hotel prices and airfares to Europe. The rock bottom airfare prices are mostly in the US.

Right now the only advantage of living in the US is that we can go to “Best Buy” and buy lots of gadgets at a good price.

We have big guns and gadgets but not much else.

ace2010

]]> By: Bob http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-38063 Bob Thu, 11 Mar 2010 06:14:04 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-38063 Although the Fed should have been raising interest rates long before to curb the bubble in the stock market, I doubt that you can look to the Fed to raise interest rates soon. That is what would be needed to propel the USD much higher. Before the Fed raises interest rates it would like to see at least 2 consecutive quarters of declining unemployment. Furthermore, starting in the 3rd quarter of 2010 many option ARMS mortgages come due for reset. Amid the resultant chaos, the Fed would be very reluctant to raise interest rates. However, everything is relative and the euro still remains a flawed currency for all the reasons stated. So do I hear 1930s style competitive currency devaluation? Although the Fed should have been raising interest rates long before to curb the bubble in the stock market, I doubt that you can look to the Fed to raise interest rates soon. That is what would be needed to propel the USD much higher. Before the Fed raises interest rates it would like to see at least 2 consecutive quarters of declining unemployment. Furthermore, starting in the 3rd quarter of 2010 many option ARMS mortgages come due for reset. Amid the resultant chaos, the Fed would be very reluctant to raise interest rates. However, everything is relative and the euro still remains a flawed currency for all the reasons stated. So do I hear 1930s style competitive currency devaluation?

]]> By: Why It’s “Mayday” For the Euro… And What You Should Do http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-38005 Why It’s “Mayday” For the Euro… And What You Should Do Wed, 10 Mar 2010 19:11:43 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-38005 [...] Why It’s “Mayday” For the Euro… And What You Should Do [...] [...] Why It’s “Mayday” For the Euro… And What You Should Do [...]

]]> By: Donald Roberson http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37798 Donald Roberson Tue, 09 Mar 2010 04:28:46 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37798 Alexander Green has changed his tune. What happened to the advice to buy cds denominated in the now defunct Iceland currencey Alexander Green has changed his tune. What happened to the advice to buy cds denominated in the now defunct Iceland currencey

]]> By: george hughes http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37790 george hughes Tue, 09 Mar 2010 02:54:29 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37790 So how does this thought affect the 20 year Treasury note? So how does this thought affect the 20 year Treasury note?

]]> By: It’s “Mayday” For The Euro « Market Track http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37782 It’s “Mayday” For The Euro « Market Track Tue, 09 Mar 2010 01:28:12 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37782 [...] via It’s “Mayday” For The Euro. [...] [...] via It’s “Mayday” For The Euro. [...]

]]> By: Why It’s “Mayday” For the Euro… And What You Should Do | Whitecapreport.com http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37751 Why It’s “Mayday” For the Euro… And What You Should Do | Whitecapreport.com Mon, 08 Mar 2010 21:11:07 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37751 [...] Why It’s “Mayday” For the Euro… And What You Should Do [...] [...] Why It’s “Mayday” For the Euro… And What You Should Do [...]

]]> By: Papp http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37738 Papp Mon, 08 Mar 2010 20:48:33 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37738 Mr. Green, Nowadays every US trading newsletter writes about Europe's so called heavy problems, and that the US Dollar will survive! My opinion is quite different there. Since before that time all I could read, that nobody should own US Dollars, because of the massive debasement of the money, which is still being performed by the FED heavily. Now the Euro problem is a very good topic for everyone, because you do not have to speak or write about the USD, and the real problems of the USA, which are fare worth. I would suggest you to listen to Mr. Ron Paul in this respect. Further I suggest, that you should clean at first the pantry of the USA before going against the Euro. This deal might go very wrong. Best regards, E. Papp Mr. Green,
Nowadays every US trading newsletter writes about Europe’s so called heavy problems, and that the US Dollar will survive!

My opinion is quite different there. Since before that time all I could read, that nobody should own US Dollars, because of the massive debasement of the money, which is still being performed by the FED heavily.

Now the Euro problem is a very good topic for everyone, because you do not have to speak or write about the USD, and the real problems of the USA, which are fare worth. I would suggest you to listen to Mr. Ron Paul in this respect.

Further I suggest, that you should clean at first the pantry of the USA before going against the Euro. This deal might go very wrong.

Best regards,

E. Papp

]]> By: michael smith http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37732 michael smith Mon, 08 Mar 2010 19:54:28 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37732 Mr. Green, do you have any suggestions for the EUR/USD trade in the forex market? I just started a forex class in Jan.2010. Where do you think the pair is going? Thanks. Michael Smith Mr. Green, do you have any suggestions for the EUR/USD trade in the forex market? I just started a forex class in Jan.2010. Where do you think the pair is going?
Thanks.
Michael Smith

]]> By: patrick o' sullivan http://www.investmentu.com/2010/March/why-its-mayday-for-the-euro.html#comment-37730 patrick o' sullivan Mon, 08 Mar 2010 19:21:52 +0000 http://www.investmentu.com/IUEL/2010/March/why-its-mayday-for-the-euro.html#comment-37730 Dear Alexander and all at Investment U, Have you not heard that Germany and France are setting up a European Fund, to pull all of the EU countries who are in trouble out of trouble so to stop the IMF from taking over them all. Please comment how things will be if this happens. Regards, Patrick O'Sullivan Dear Alexander and all at Investment U,

Have you not heard that Germany and France are setting up a European Fund, to pull all of the EU countries who are in trouble out of trouble so to stop the IMF from taking over them all. Please comment how things will be if this happens.

Regards,

Patrick O’Sullivan

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