Article

2010-02-27 Economy

Man who broke the Bank of England, George Soros, Is the Euro next?

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Posted by GolfBravoUSMC 2010-02-27 10:50|| || Front Page|| [1 views ] Top

#1 "Your assignment, Mr. Bond, ...."

Posted by Frank G 2010-02-27 11:29|| 2010-02-27 11:29|| Front Page Top

#2 Does this mean he's stopped trying to destroy the Dollar?

Posted by Frozen Al 2010-02-27 11:39|| 2010-02-27 11:39|| Front Page Top

#3 Speculation is a good thing. Speculators take on other peoples risk.

Posted by phil_b 2010-02-27 11:57|| 2010-02-27 11:57|| Front Page Top

#4 Didn't the Euro start at one-to-one for the dollar?

Why has it risen so high?

Yes, it's a leading question.

Posted by Bobby 2010-02-27 12:11|| 2010-02-27 12:11|| Front Page Top

#5 It looks like a sure thing.

I'm suspicious as hell about "Sure things" and doubly suspicious about Soro's announcing it, he does NOT announce his plans, except to plant a false trail.

Stay away, well away from speculating the euro will fall, simply BECAUSE Soros announced it.

Posted by Redneck Jim 2010-02-27 12:19|| 2010-02-27 12:19|| Front Page Top

#6 Speculation is a good thing. Speculators take on other peoples risk.

As long as they do it on their own 'dime'. When they're allowed to use margins that are well beyond anything they can really support when faced with a margin call, that's when their game collapses and everyone else pays. Then they're just transferring the consequences and the real risk on to other people.

Posted by Procopius2k 2010-02-27 12:38|| 2010-02-27 12:38|| Front Page Top

#7 #4 Didn't the Euro start at one-to-one for the dollar?

It started at $1.18 on 12/15/98. Its low was $0.82 and its high $1.60.

Posted by Nimble Spemble 2010-02-27 12:52|| 2010-02-27 12:52|| Front Page Top

#8 Soros may be a vulture but in this case he wouldn't be the killer.

For some inexplicable reason the political class of Germany decided to play a round of Russian Roulette with our economy by ramming through the Euro. A large majority of the people was against this, but since German democracy is quite authoritarian whenever the political class agrees on something this did not make a difference.

So there's no reason to blame the prospective scavenger.

Posted by Pancho Snusoting2092 2010-02-27 16:41|| 2010-02-27 16:41|| Front Page Top

#9 Is George Soros an Evil Mr Rogers? One world, ant colony sure sounds familiar... (warning for language and violence -- and Jesse Ventura with a gun)

Posted by OldSpook 2010-02-27 19:15|| 2010-02-27 19:15|| Front Page Top

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