rebuilder (OP)
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January 13, 2012, 11:12:53 PM |
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Lord F(r)og
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January 13, 2012, 11:29:37 PM |
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pardon the phrase but if it's true then this is ass bad for the rest of the world. I'm just saying: german engineering!
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Wekkel
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yes
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January 14, 2012, 10:36:50 AM |
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Is this as bad as it sounds?
That money sure isn't going into investments in the private sector. Does not bode well.
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notme
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January 14, 2012, 10:39:30 AM |
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Is there a link that isn't paywalled?
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phatsphere
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January 14, 2012, 03:14:26 PM |
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this just means that investors already realize that they will have a loss -- this is just a way to reduce the damage.
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Dansker
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January 14, 2012, 04:16:00 PM |
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Should invest in Bitcoin instead
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Mageant
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January 14, 2012, 07:26:16 PM |
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Couldn't they could just keep their money in a bank account? Or are they speculating that their bonds will increase in value?
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cjgames.com
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notme
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January 14, 2012, 07:30:10 PM |
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Couldn't they could just keep their money in a bank account? Or are they speculating that their bonds will increase in value?
By giving Germany money, they are hoping Germany will be more willing to lend the other European nations enough to keep them afloat.
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Vandroiy
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January 15, 2012, 02:23:11 PM |
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Couldn't they could just keep their money in a bank account?
At which bank? Any could die tomorrow and never pay back a thing. The German government will rather wreak havoc in the financial sector than admitting defeat itself, and it has the power to decide. Possibly, this gives better chances with the government. this just means that investors already realize that they will have a loss -- this is just a way to reduce the damage.
This should be the correct explanation. You can't hold many euros as cash, and putting them onto a bank can mean their immediate destruction in the debt crisis. Euro Forex has crashed already, and will continue that road if they try to escape that way. They don't know where to go. It's a competition who has the least losses. Given the instability of the EU, one could say that the market values a Euro of book money far below the current value of one Euro. I wouldn't lend money to Germany at 5% interest right now if I could store the value instead. Negative... go figure what that means.
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rebuilder (OP)
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January 15, 2012, 09:35:13 PM |
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Given the instability of the EU, one could say that the market values a Euro of book money far below the current value of one Euro. I wouldn't lend money to Germany at 5% interest right now if I could store the value instead. Negative... go figure what that means.
Seems to me it means the investors here don't think they can store the value. That's the part that worries me.
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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grue
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January 15, 2012, 10:57:39 PM |
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Hawker
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January 27, 2012, 08:01:37 PM |
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Its the same for the US and UK.
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Kettenmonster
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bool eval(bool b){return b ? b==true : b==false;}
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January 29, 2012, 04:54:56 PM |
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The European Central Bank is pumping loads of money out at merely no interest rate (1% as much as I recall). The banks taking this money now rush to german state bonds. Taking http://en.wikipedia.org/wiki/Basel_II into the equation makes it easier to understand why. It is not only european banks want to, they are forced to by legislation. Not forced explicitely to buy german state bonds. But what else should they do? Luxembourg is not issuing much, China has stored loads of unreliable USD, gold is by far too expensive, ...
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The paining (sic!) is done with the QPainter class inside the paintEvent() method. (source: my internet)
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Murwa
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January 29, 2012, 06:44:42 PM |
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Hawker
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January 30, 2012, 09:39:14 PM |
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Why does this surprise you? In an uncertain world, the Germans (and the UK and US) offer certainty that you will get 98% of your money back. Where else can you get that certainty?
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guywhogotgoxed
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January 31, 2012, 11:40:18 AM |
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Why does this surprise you? In an uncertain world, the Germans (and the UK and US) offer certainty that you will get 98% of your money back. Where else can you get that certainty? Spot on. You actually will get the money back! ha ha ha
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byronbb
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HODL OR DIE
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February 01, 2012, 11:55:43 PM |
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Germany has finally conquered Europe.
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rebuilder (OP)
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February 02, 2012, 11:48:29 AM |
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Germany has finally conquered Europe.
That's an observation some have made... After the war, Europe was set up to castrate Germany and keep them from becoming overpowering again. Now it seems the mechanisms designed to do so have given Germany considerable power. Maybe it's inevitable.
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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Retard
Prime Minister
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February 06, 2012, 12:09:22 PM |
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Germany has finally conquered Europe.
This was the first step
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Hunterbunter
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February 07, 2012, 04:25:17 AM |
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It's akin to destroying their currency to diminish the burden of existing debts.
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