Comments on: Hungary and the euro zone blame game

By: scythe

scythe — Mon, 21 Nov 2011 13:07:08 +0000

@ Intriped

Buffet said to CNBC that he was looking to buy up equity of large eurozone companies if the price was cheap enough.

The bearish eurozone headline splatter is the usual market fodder directed towards softening those prices.

Wouldn’t get too excited unless you are a shareholder.

By: Intriped

Intriped — Mon, 21 Nov 2011 11:38:48 +0000

IWAKI, Japan – Billionaire investor Warren Buffett says Europe’s debt crisis has shown up a “major flaw” in the 17-member euro zone system and it will take more than words to fix it.

BTW, THE Euro will sink along with the Forint baby!We will see history being made as the Euro will come down to earth because most Euro nations WILL BE on the IMF chow line.

By: scythe

scythe — Mon, 21 Nov 2011 10:42:01 +0000

Thanks Sebastian, this was an interesting and timely analysis.

It will be interesting to see the European Commission’s reaction to the complaint over Orban’s plan to allow debtors to repay their swiss franc loans at fixed rates.

By: ChrisHerz

ChrisHerz — Sun, 20 Nov 2011 07:30:10 +0000

‘Twas not so long ago that we heard on this far side of the pond that Budapest was a safe investment, in the hands of good conservatives.

By: Intriped

Intriped — Fri, 18 Nov 2011 17:00:00 +0000

And they want to adopt the Euro currency. Not in our lifetime or even the next. I have a home in Hungary and the country is beautiful and the people are great but they will never ascend to the industrial level to support the Euro currency. Just the way it is there.