Things That Make You Go Hmmm - Such As Europe's "Comprehensive Solution" - News and Current Events | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events

Things That Make You Go Hmmm - Such As Europe's "Comprehensive Solution"
Started:December 18th, 2011 (11:40 AM) by Quick Summary Views / Replies:204 / 0
Last Reply:December 18th, 2011 (11:40 AM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Things That Make You Go Hmmm - Such As Europe's "Comprehensive Solution"

Old December 18th, 2011, 11:40 AM   #1 (permalink)
Quick Summary
Things That Make You Go Hmmm - Such As Europe's "Comprehensive Solution"

Five months ago, Zero Hedge first boiled down the math of the European bailout as follows: "The Fatal Flaw In Europe's Second "Bazooka" Bailout: 82 Million Soon To Be Very Angry Germans, Or How Euro Bailout #2 Could Cost Up To 56% Of German GDP." And while everyone was assuming Germany would be delighted to go down for the proverbial insolvency "ride" one more time, we strongly urged not to make that assumption, as we posited the fundamental equation running through the mind of every German: is the opportunity cost of keeping the euro high enough to threaten either a complete German economic meltdown (fiscal support), or hyperinflation (massive ECB intervention), and that the outcome would not be the one the Eurocrats wanted. While at the time our speculation was seen as preposterous, it has since become mainstream (just look at the Eurostoxx). The latest observation on just this comes from Grant Williams' latest "Things that make you go hmmm" where he says: "France and Germany need to be prepared to foot the bills that are coming due and, by ‘France and Germany’, I mean Germany because, with a budget deficit of 7.1%, and debts of 83% of GDP, France WILL be downgraded shortly and will be in no position to chip in to the EFSF as their own ship begins to take on a serious amount of water in the shape of rising borrowing costs. That leaves the intransigent Germans. With a budget deficit of 4.3%, a record of having exceeded the mandated deficit limit in seven of the past eleven years a debt-to-GDP level of 85% and climbing, not to mention an economy that is on the verge of a recession (I told you not to MENTION that), Germany may soon have to go and sit somewhere quiet in order to reflect on what to do next." And so on.

Full note (pdf)

More on ZeroHedge...

Reply to share your thoughts on this current event.


Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events > Things That Make You Go Hmmm - Such As Europe's "Comprehensive Solution"

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fitch: comprehensive euro zone deal "beyond reach" kbit News and Current Events 0 December 16th, 2011 05:56 PM
Fukushima: "China Syndrome Is Inevitable" ... "Huge Steam Explosions", or "Nuclear Bo Quick Summary News and Current Events 0 November 22nd, 2011 01:50 AM
How to change "Stop Loss" and "Take Profit" in "shElderImpulse" Strategy javed759 NinjaTrader 1 November 1st, 2011 10:44 PM
Things That Make You Go Hmmm.... Such As An Empty Box Filled With Promises Of Money, Quick Summary News and Current Events 0 October 30th, 2011 02:30 AM
Things That Make You Go Hmmm... kbit News and Current Events 0 September 6th, 2011 07:37 PM

All times are GMT -4. The time now is 01:33 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-25 in 0.05 seconds with 19 queries on phoenix via your IP