Re: Europe
driven
5/11/2012 9:22:58 AM
Just today, Delta Lloyd reported that the Dutch housing market is so 'dangerous' that it has changed its mortgage policy to focus only on homes with a government guarantee. Not good at all.
i'm as concerned about a Dutch default as French politics.
Re: Europe
Dex
5/11/2012 8:48:28 AM
This problem didn't happen overnight, and we're naive to think we can fix it in a flash. We basically build a skyskraper on a swamp. Gotta go back and rebuild the foundation before the whole thing collapses.
Re: Europe
tokyogai
5/11/2012 7:04:00 AM
I think they have basic structural problems and the central bank set up does not help much in solving these issues. It is more than Greece- it is Spain, Italy and most of the countires that have debt that they can not pay off with the current terms. I think we will continue to hear a lot about this over the coming months.
Re: Europe
yalanand
5/11/2012 5:09:57 AM
They need something to do, some way to make money...so if they can't find work, what do you think they will turn to? Illegal activities? Fanaticism?
@driven, you are right. I think we have already seen the highlights of this in recent UK riots. I just wonder if this will force the government to strictly implement anti-outsourcing laws so that more jobs can be created.
Re: Europe
yalanand
5/11/2012 5:04:45 AM
I don't think the rest of the world has really felt the impact of the situation in Europe.
@tokyogai, do you really think so because every time the market falls I hear the same reason "uncertainty in europe". I really wonder when will this mess end ? I dont think just Greece walking out of europe will not improve the situation.
A magic work of the Fed
Value Hiker
5/10/2012 12:30:07 PM
The real reason the Fed won't raise rates is because the size of government debt. Interest payments right now are not so bad because interest rate is low.
Totally agree. Like many investors and economists, I think the rampant inflation should come due to the flood of cheap money into our economy since 2008. So far I am wrong. Maybe I shall change my side and invest with Fed: load up more debt. If Fed raises the rate, government will go into trouble before small investor like me.
Um, cheery stuff! Did he have any potential solutions?
Re: Europe
tokyogai
5/10/2012 9:37:29 AM
Noreen- I agree. I don't think the rest of the world has really felt the impact of the situation in Europe. I think most of the key players are in recession and I am not sure that Chiona or the US has strong enough growth to keep the rest of the world out a another mild recession. They really need to get their act together in Europe.
The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
Tweet This