"Now it gets serious. The key election issue was Mrs Merkel’s handling of the Euro Zone crisis – she had tried to get tough on the Euro Zone – too little, too late. However, I suspect she will be far less tolerant from now on. As I keep banging on, Mrs Merkel is not a natural leader – she is a back room operator, cautious of taking a position unless she has achieved prior consensus. Furthermore, she does not understand markets – a common problem with most European politicians, bureaucrats and officials.
The Greeks have been ignoring all calls to get serious. They have run out of time. On Wednesday, the German Constitutional Court rules. Most believe that they will not block the bail out of the peripheral Euro Zone countries. Quite possibly, but giving a blank cheque to the executive, is also unlikely, in my humble opinion. They may, for example, insist on additional oversight by the German Parliament, which will make the EFSF and the future ESM unworkable, as decisions (which need Parliamentary approval) will take far too long to deal with market issues – basically means that it is over to you ECB/Monsieur Trichet to sort things out – and they are totally reluctant, though what choice do they have.
Fick just detta email : "i have $3Million US Dollars in Africa Development Bank (ADB) Burkina Faso which i instructed the bank to give it to St Andrews Missionary Home in Burkina Faso" . Kan detta hjälpa oss
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SvaraRadera"Now it gets serious. The key election issue was Mrs Merkel’s handling of the Euro Zone crisis – she had tried to get tough on the Euro Zone – too little, too late. However, I suspect she will be far less tolerant from now on. As I keep banging on, Mrs Merkel is not a natural leader – she is a back room operator, cautious of taking a position unless she has achieved prior consensus. Furthermore, she does not understand markets – a common problem with most European politicians, bureaucrats and officials.
The Greeks have been ignoring all calls to get serious. They have run out of time. On Wednesday, the German Constitutional Court rules. Most believe that they will not block the bail out of the peripheral Euro Zone countries. Quite possibly, but giving a blank cheque to the executive, is also unlikely, in my humble opinion. They may, for example, insist on additional oversight by the German Parliament, which will make the EFSF and the future ESM unworkable, as decisions (which need Parliamentary approval) will take far too long to deal with market issues – basically means that it is over to you ECB/Monsieur Trichet to sort things out – and they are totally reluctant, though what choice do they have.
Från: http://www.ritholtz.com/blog/2011/09/people-who-play-with-fire/
Fick just detta email : "i have $3Million US Dollars in Africa Development Bank (ADB) Burkina Faso which i instructed the bank to give it to St Andrews Missionary Home in Burkina Faso" .
SvaraRaderaKan detta hjälpa oss
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