Article

2011-11-25 Europe

"Awful" Italy debt sale heightens euro zone stress

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Posted by phil_b 2011-11-25 08:07|| || Front Page|| [11130 views ] Top

#1 If you owe the bank $1,000 and can't pay you have a problem.

If you owe the bank $1,000,000 and can't pay the bank has a problem.

If you need to borrow a few $billion a month to keep afloat and no one will lend to you, you are completely screwed.

Posted by phil_b 2011-11-25 08:22|| 2011-11-25 08:22|| Front Page Top

#2
Cash is king. People would tell of cash being in very short supply when they started the great depression in this country.

Russia holds rates

Posted by Dale 2011-11-25 09:38|| 2011-11-25 09:38|| Front Page Top

#3 Berlusconi is out there helping Italy by singing for his supper.

Posted by tipper 2011-11-25 09:50|| 2011-11-25 09:50|| Front Page Top

#4 Extend and Pretend

Posted by Dale 2011-11-25 11:15|| 2011-11-25 11:15|| Front Page Top

#5 Only one question left
Will The Fed Buy EFSF Bonds?

Posted by tipper 2011-11-25 12:32|| 2011-11-25 12:32|| Front Page Top

#6 The question that needs to be asked "If Europe collapses, will the rest of the World (excluding their Arab pals) will be better off, or worse?".

Posted by g(r)omgoru 2011-11-25 15:57|| 2011-11-25 15:57|| Front Page Top

#7 g(r)omgoru
Mercantilism never works. The answer is that you will be poorer if the people you trade with become poorer. Just like a businessman prefers rich customers over poor customers.

Posted by Bright Pebbles 2011-11-25 20:21|| 2011-11-25 20:21|| Front Page Top

#8 BP that is an eternal issue in business. Low profit high volume or high profit low volume.
Work like a dog for a few pennies or work less for the same finanical results. I prefer a blend myself.

Posted by Dale 2011-11-25 21:16|| 2011-11-25 21:16|| Front Page Top

#9 The good news for Italia is ...

* INDIAN DEFENCE FORUM > US DEBT [USD$15.0+ Trilyuhn]IS NOW MORE THAN THE GDP OF UK, CHINA, + INDIA.

Plus add AUS, Canada, Greenland, Mexico + 7 other large or important Countries.

* BHARAT RAKSHAK > THE WORLD [is]IN A "BALANCE SHEET RECESSION".

ARTIC = As per US averages, large US Companies are not in debt as much as NOT getting any $$$ from US Banks [loans or credit = easy] like they used to due to the Federal Reserve keeping interest rates at zero or near-zero, SMALL TO MEDIUM SIZED US COMPANIES, I.E. THE PRIMARY GENERATORS OF US NATIONAL EMPLOYMENT, ARE THE HARDEST HIT.

IIUC, IOW Large US Companies are NOT getting any new bank loans or credit because the latter Orgs per se are not making any or enough revenue or profits to survive due to ultra-low interest rates, as banks make their $$$ on the interest rates charged???

Posted by JosephMendiola 2011-11-25 22:07|| 2011-11-25 22:07|| Front Page Top

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