Comments on: The Germany problem A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: Ben Thu, 25 Jun 2009 22:33:28 +0000 German Problem?

The problem is that the German Banks bought too much from the unregulated US system.

American bankers or politicans have not and still not care if their financial products ruin the world.

Its time to replace the US Dollar and that Industrial Empire.

Sometimes, I dont even wonder why the americans wont recognize the International Court in the Hague, not
respecting rules in the financial system or even
basic human rights.

Hey, what did you expect?

Vietnam Part 2 coming to a News Show near you soon …

By: a Tue, 16 Jun 2009 08:13:23 +0000 “Perhaps the strategy is that the EU will simply continue to repeatedly investigate and fine American companies such as Microsoft and Intel until the Eurozone recovers all these losses.”

The EU is nothing compared to a Texan jury. Expect DBK and CS to be held accountable for billions in the Huntsman trial.

By: Alister Tue, 16 Jun 2009 05:15:59 +0000 That’s a good idea, Glenn.

By: Glenn Tue, 16 Jun 2009 00:08:24 +0000 Perhaps the strategy is that the EU will simply continue to repeatedly investigate and fine American companies such as Microsoft and Intel until the Eurozone recovers all these losses.

By: flo Mon, 15 Jun 2009 22:30:52 +0000 mmh, I might be mistaken there, but I thought the different german banks weren’t all that interlinked … sure they all (or at least Landesbanken and big commercial banks) could face more/bigger problems in the future, but I don’t see how this is because of inter-linked-ness. It is just because they played with stakes too high and hold too much collateral that might come down on them, like many other banks, and in case of Deutsche Bank the belief of their CEO that about 25 % capitalization or so (I think) is good enough. Local Banks won’t have much issues I think, but they also normally don’t do risky stuff.

By: Michael M Mon, 15 Jun 2009 21:43:50 +0000 So Germany is blowing up the world and there’s nothing other countries can do?

Now you know how non-Americans feel about your “it’s our Presidency, Congress, Treasury, Fed, dollar, IMF, army, CO2 emissions…, but your problem”-attitude. Welcome to the two-way street called Globalisation. It’s mostly good, but sometimes it can be a bitch, especially if you are new to it.

I would not be surprised if this recession will teach Americans important lessons of a lifetime, not just about frugality but also about living in a highly connected world where the US no longer calls all the shots.

By: Youri Carma Mon, 15 Jun 2009 21:20:49 +0000 The problem with central regulated stimulus driven “green spots”

The problem with central regulated stimulus driven “green spots” is that they only last as long as the stimulus is being given. Stopping the stimulus is like stopping water to your fresh green sprouts. The green dries and dies off and this is exactly the same as whit keeping your long interest rates low.

However the FED already had planned to buy as much as $1.25 trillion in mortgage-backed securities by the end of this year and $300 billion of Treasuries before September which still is less than 5% of the total of $6.6 trillion in the outstanding market. Source: (Reuters) The Great Debate – The Fed needs to get its wallet out

But the U.S. banks are insolvent cause that’s the main reason why the stress test definitely wasn’t and couldn’t be “a solvency test.” The U.S. now is the big melting pot calling the kettle black in urging Europe for a “stress test” which in fact in the American version was merely a biding time, jurist mind, word gimmick. Geithner cunningly was able to avoid this “bad bank” ditch in which the Germans have digged themselves now by taking this “stress test” far to seriously and actually trying to expose themselves by the “bad bank”- slush fund idea which was immediately rejected in the U.S. after they discovered it could cost them up to $4 trillion. Remember that if you are at a Poker table and you don’t know who the chump is, you’re the chump!

Inflation is not the problem now in a still declining economy and oil prices fairly low. Devaluating currencies, including the dollar, toxic assets, huge country deficits world wide, extreme volatility in the market, under capitalized insolvent banks still deleveraging, are. Long term investment already have been devastated by this global crises causing massive amounts of long term investment capital being destroyed. Much harm has been done by the banksters using and still using their toxics against the people and ordinary businesses. The answer could have been the Tulp Mania answer but who would listen to me back than and now it’s to late.

Bernanke has been caught between a hard and a rock place! Not spending will end the “green spot” dream immediately, long term interest go up and give more deflationary threats but on the other side of the evil coin can cause (hyper) inflation of the dollar if gross spending. But gross spending is needed according to their own Greenspan and clone Bernanke philosophy? A Faustian bargain but not to the Chinese who can easily absorb their foreign dollars into their massive solid savings rock bubble and just laugh to Geithner about it. Of cause everybody is praising the dollar now, we all want a soft landing but if it’s a hard one, the Chinese said, we just can take it.