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Italy Next: Devastating Downgrade Threat And Contagion Fears

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http://www.telegraph.co.uk/finance/financialcrisis/8583534/Moodys-threat-to-downgrade-Italian-debt-raises-eurozone-contagion-fears.html

Moody's threat to downgrade Italian debt raises eurozone contagion fears
Moody's has threatened to cut Italy's credit ratings on concerns over a possible rise in eurozone interest rates may derail the country's fragile economic recovery, raising more fears of contagion from the Greek debt crisis.

With so many wobbling plates in the EZ it seems that at some point confidence in the Euro is going to collapse and it will be back to .86c to the US $. If they can't trust Greece how much more so the government of that rude man in charge of Italy? :ph34r:

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http://www.telegraph.co.uk/finance/economics/8583008/IMF-warns-US-eurozone-deficits-a-threat-to-stability.html

IMF warns US, eurozone deficits a threat to stability
The International Monetary Fund warned that Washington and debt-ridden European countries are "playing with fire" unless they take drastic steps to reduce their budget deficits.

If they downgrade the entire world they might as well review their ratings basis with BBB the new AAA etc. IOW deflate it as expectations are lowered. We live in a bankrupt world IMO. All living far beyond the means of production so something has to, and will, give soon. Its just a question of who makes the best of a bad situation. I can feel a song coming on.............................. :P

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With so many wobbling plates in the EZ it seems that at some point confidence in the Euro is going to collapse and it will be back to .86c to the US $. If they can't trust Greece how much more so the government of that rude man in charge of Italy? :ph34r:

It's all just a game, the banksters push up the bond yields and the central bank rushes to the rescue with more printed money to save the day. It's a no lose bet for the banksters, should it go wrong their governments will bail them out by forcing serfdom on the taxpayer.

What we are seeing is worldwide default via devaluation and printing, which isn't going to end well.

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I think someone needs to lend these Eurozone countries €2tr to solve this debt crisis and stop these silly rumors of default. This should give these nations a couple of decades of spending, where they can avoid the debt markets and stop this silliness.

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http://www.telegraph.co.uk/finance/financialcrisis/8583534/Moodys-threat-to-downgrade-Italian-debt-raises-eurozone-contagion-fears.html

Moody's threat to downgrade Italian debt raises eurozone contagion fears
Moody's has threatened to cut Italy's credit ratings on concerns over a possible rise in eurozone interest rates may derail the country's fragile economic recovery, raising more fears of contagion from the Greek debt crisis.

With so many wobbling plates in the EZ it seems that at some point confidence in the Euro is going to collapse and it will be back to .86c to the US $. If they can't trust Greece how much more so the government of that rude man in charge of Italy? :ph34r:

SMOKESCREEN.

Ratzinger is directly involved in this,so no way is italy going the same route as the PIIGS.

He is after all,trying to create the new holy roman empire,with rome as the theological(and germany as the military) hub.

of course,in order to do this,he needs the anglo-saxons and the russians...and muslims out of the way(which is why we were targetted to fight an unwinnable war in the ME,in the hope that we would get embroiled (and mutually exterminated)in a (soon to be nuclear) showdown.

it's not going to unfold as planned!

Edited by oracle

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It's all just a game, the banksters push up the bond yields and the central bank rushes to the rescue with more printed money to save the day. It's a no lose bet for the banksters, should it go wrong their governments will bail them out by forcing serfdom on the taxpayer.

Correct

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It's all just a game, the banksters push up the bond yields and the central bank rushes to the rescue with more printed money to save the day. It's a no lose bet for the banksters, should it go wrong their governments will bail them out by forcing serfdom on the taxpayer.

Enforced serfdom isn't a stunt you can pull very often. This is partly the problem in Greece, because it's serfdom part two. And people with nothing have nothing to lose.

Greece is getting mugged because it still has a few state assets. There's no point mugging Britain, however indebted, because Mrs T. sold everything in sight years ago . . . well, except the New Forest it seems.

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.

.

.

With so many wobbling plates in the EZ it seems that at some point confidence in the Euro is going to collapse and it will be back to .86c to the US $.

.

.

.

Unless the dollar collapses first -- in August? Maybe we'll first see 1 Euro = US $3 and the UK pound back to its traditional value of US $4.8665?

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http://www.telegraph...gion-fears.html

Moody's threat to downgrade Italian debt raises eurozone contagion fears
Moody's has threatened to cut Italy's credit ratings on concerns over a possible rise in eurozone interest rates may derail the country's fragile economic recovery, raising more fears of contagion from the Greek debt crisis.

With so many wobbling plates in the EZ it seems that at some point confidence in the Euro is going to collapse and it will be back to .86c to the US $. If they can't trust Greece how much more so the government of that rude man in charge of Italy? :ph34r:

One day you will be right. Even a stopped clock is twice a day.

Edited by Sir John Steed

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If it falls to 86c then Airbus and EADS will double their sales and kill Boeing and LM.

Siemens will see factory output increase by 50%

Schlumberger will make fortunes......

seems like a great time ahead for the EU!!

http://www.telegraph...gion-fears.html

Moody's threat to downgrade Italian debt raises eurozone contagion fears
Moody's has threatened to cut Italy's credit ratings on concerns over a possible rise in eurozone interest rates may derail the country's fragile economic recovery, raising more fears of contagion from the Greek debt crisis.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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