Or why my mother tongue isn't German. Article posted for Memorial Day 2009.
http://egidethein.blogspot.com/2009/05/memorial-day-2009.html
Egide Thein comments on financial policies, financial services, offshore centers, bank secrecy, money laundering, terrorist financing, AML / CTF compliance, money transfers, tax evasion, fraud, corruption and on past and current events in Luxembourg and around the world.
Saturday, May 29, 2010
Monday, May 10, 2010
Yen Rises Amid Lingering Europe Debt Concern; Euro Erases Gains - Bloomberg.com
http://www.bloomberg.com/apps/news?pid=20601087&sid=al1b4DcSa864
The European leaders, none of whom ever even successfully managed a grocery store, now save the conceptually failed Euro with $1 trillion. They treat the symptoms and blame "attacks"!
No one, neither Soros nor China nor anyone else detains the power to go against the markets. If it were the case, any rogue nation or organization could manipulate and destabilize the system every day. And if it were the case, the contrary would be true too: the $1 trillion would do the job. Wait for the days to come!
It's the failed policies that let the markets react.
The European leaders, none of whom ever even successfully managed a grocery store, now save the conceptually failed Euro with $1 trillion. They treat the symptoms and blame "attacks"!
No one, neither Soros nor China nor anyone else detains the power to go against the markets. If it were the case, any rogue nation or organization could manipulate and destabilize the system every day. And if it were the case, the contrary would be true too: the $1 trillion would do the job. Wait for the days to come!
It's the failed policies that let the markets react.