If "we" hadn't bought into this the euro would have gone into free fall which would have catastrophic consequences for us all. The Eurozone is the largest single economy (albeit as a bloc) and the effect of a run would affect US, UK, Canadian, Japanese jobs and prospects for many years.
Stocks rose in the UK as well and people only buy stocks when the outlook is favourable so money says this is a good move! -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Pete Theisen Sent: 30 November 2011 16:17 To: ProFox Email List Subject: [OT] What, Fed to print Euros? Hi Everybody, http://www.politico.com/news/stories/1111/69411.html If we have to live with Monopoly money let the sniffies over there live with Monopoly money just as we do. "Stocks soared by as much as 400 points Wednesday morning, after the Federal Reserve announced it would work with other central banks to provide more liquidity to ease the strains in global financial markets caused by the European sovereign debt crisis." -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
