Italy's financial crisis could DESTROY the Euro

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Re: Italy's financial crisis could DESTROY the Euro

Post by rasetsu » Wed Jun 29, 2016 6:48 pm

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Re: Italy's financial crisis could DESTROY the Euro

Post by JimC » Thu Jun 30, 2016 5:19 am

:lol:
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Re: Italy's financial crisis could DESTROY the Euro

Post by pErvinalia » Thu Jun 30, 2016 6:38 am

DESTROY
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Re: Italy's financial crisis could DESTROY the Euro

Post by Scot Dutchy » Thu Jun 30, 2016 8:13 am

mistermack wrote:What we have at the moment is European leaders shitting themselves that someone else will call a referendum. Hence, all the bullshit comments from them.
They want to keep the turmoil going, to put members off considering their own referendums.
It's possible that they can keep influencing the market for a few days, maybe a few weeks, but eventually traders will become immune to it.

It's nothing to do with the market fundamentals, or the UK's real prospects.

Personally, I would be starting to wonder if I really wanted to stay a member of a club that had to try to intimidate people against leaving.
You are so out of touch. Must be one of those leave people as they never understand anything. :fp:
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Re: Italy's financial crisis could DESTROY the Euro

Post by mistermack » Thu Jun 30, 2016 9:23 am

Scot Dutchy wrote: You are so out of touch. Must be one of those leave people as they never understand anything. :fp:
Now you're just trying to confuse me, with facts and intelligent argument. :thinks:
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Re: Italy's financial crisis could DESTROY the Euro

Post by Scot Dutchy » Thu Jun 30, 2016 9:58 am

mistermack wrote:
Scot Dutchy wrote: You are so out of touch. Must be one of those leave people as they never understand anything. :fp:
Now you're just trying to confuse me, with facts and intelligent argument. :thinks:
Well Brexiters are always confused.
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Re: Italy's financial crisis could DESTROY the Euro

Post by mistermack » Thu Jun 30, 2016 10:22 am

You can expect a brief jump in our balance of trade figures.

Foreign buyers will be rushing to pay outstanding invoices, while the pound is low, and British buyers will put off payment for a few weeks.
This in itself will give the pound a little bounce, which is probably what we are seeing.

The real level for the pound will return when all they hype and hysteria dies down, and people get on with their lives. Very little is going to change, unless more countries vote out.
While there is a market for shit, there will be assholes to supply it.

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