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hisah
#1431 Posted : Monday, September 12, 2011 2:06:08 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
An 'orderly' bankruptcy is being considered for Greece. What an oxymoron statement i.e. an 'orderly' default...

http://bloom.bg/nxZt9N

IMF will soon have to reactivate NAB if they havent...

http://bit.ly/bT5QWm

Since Jurgen Stark (A Bundesbank kingpin) resigned from the ECB board last Friday, Europe & US sessions got spooked & Asia too will be a sellside adding the Greece default drama...

TASE 25 index lost 3.56% as per yesterday's trading.

http://www.tase.co.il/TA...ction=1&IndexID=142

http://finance.ninemsn.c...chief-economist-resigns

As per the telegraph, the horrific headline will sell like hot cakes...

http://www.telegraph.co....ssured-destruction.html

Scubidu & Kizee1 - Start watching the German bund yield. This drama of the EMU on a cliff-hanger is too juicy to ignore...

And considering one ndungu wanted KE to float a eurobond this year is absolute idiocy to say the least. How CBK will stabilize the fx volatility & inflation with such dim analysis of the global debt market outlook will be a miracle...

Some catchy words going into 2012 onwards - debasement, devaluation, re-coinage etc...

Meanwhile in jap land, the new gubberment just 8 days old, sees the Trade minister quit. Seems resignation is in vogue in the public affairs arena in 2011. Tough times for this career field as well as financials...

http://bit.ly/ofwt2v
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1432 Posted : Monday, September 12, 2011 4:09:49 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
My small secret on why I prefer gok T-Bills to bonds has been exposed. @Guru - This is why I told you T-Bills only. Anyway I expect the T-bills interest rates to keep up at double digits as gok becomes more local debt addicted...

http://www.businessdaily...6/-/j13lfez/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25081985
#1433 Posted : Monday, September 12, 2011 7:40:38 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
hisah wrote:
the deal wrote:
@Hisah Greece should just be kicked out of the Euro Zone and let it default...atleast lessons will be learned...

What lessons were learned in 2007-2008? None. Expect that since the central planners employee a strategy called extend & pretend.
When the people take the streets back, that's when lessons will be learned.


i guess this game of pretending is coming to an end.
this idea of patching patching problem is just NOT going to work...
let greece do their 'orderly' default..
its really laughable at what this european governments are doing ..
i love the circus show so far !!!!!!!!!!!
the deal
#1434 Posted : Monday, September 12, 2011 8:38:18 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
QW25081985 wrote:
hisah wrote:
the deal wrote:
@Hisah Greece should just be kicked out of the Euro Zone and let it default...atleast lessons will be learned...

What lessons were learned in 2007-2008? None. Expect that since the central planners employee a strategy called extend & pretend.
When the people take the streets back, that's when lessons will be learned.


i guess this game of pretending is coming to an end.
this idea of patching patching problem is just NOT going to work...
let greece do their 'orderly' default..
its really laughable at what this european governments are doing ..
i love the circus show so far !!!!!!!!!!!

Greece is only 2.5% of the Euro Zone...toss it out after all it lied to get there!
hisah
#1435 Posted : Tuesday, September 13, 2011 7:12:04 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Is this biz daily paper still sold @50 or more? What a rip off. If I were to price it , maybe worth 10/-

Zero research & useless info from their biz writers apart from the numerous copy/paste articles from other biz news sources. Who the heck is the editor - fire that dude! The goofs of late are uncountable...

'Swiss franc intervention was done by a Swedish bank'... Yawa???!

And this supposed to be the leading EAC biz news source.This is beyond the goodluck stage - Prayers urgently needed...

http://www.businessdaily...4/-/1ft3ffz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25081985
#1436 Posted : Tuesday, September 13, 2011 8:13:11 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
[quote=hisah]Is this biz daily paper still sold @50 or more? What a rip off. If I were to price it , maybe worth 10/-

Zero research & useless info from their biz writers apart from the numerous copy/paste articles from other biz news sources. Who the heck is the editor - fire that dude! The goofs of late are uncountable...

'Swiss franc intervention was done by a Swedish bank'... Yawa???!

And this supposed to be the leading EAC biz news source.This is beyond the goodluck stage - Prayers urgently needed...

http://www.businessdaily.../-/1ft3ffz/-/index.html[/quote]


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Cde Monomotapa
#1437 Posted : Tuesday, September 13, 2011 8:18:00 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I too share in the sympathy.
Cde Monomotapa
#1438 Posted : Tuesday, September 13, 2011 8:20:12 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
I too share in the sympathy.

!! DO UR OWN RESEARCH & THINKING !!
the deal
#1439 Posted : Tuesday, September 13, 2011 8:44:45 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Best business publication right now in Kenya is Financial Journal of the Standard...Nation is losing plot!
Cde Monomotapa
#1440 Posted : Tuesday, September 13, 2011 8:50:53 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Best business publication right now in Kenya is Financial Journal of the Standard...Nation is losing plot!

and ur blog is taking Nation's place. Laughing out loudly Mr. Media man.
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