http://wallstreetpit.com/37237-may-the-biggest-loser-win-eurolands-race-to-the-bottom Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://wallstreetpit.com/37237-may-the-biggest-loser-win-eurolands-race-to-the-bottom#comment-1088041 Gordan Finch Fri, 19 Aug 2011 14:22:46 +0000 http://wallstreetpit.com/?p=37237#comment-1088041 The IMF is only interested in profiteering at the expense of the weaker countries like Portugal and Greece. Its not controlling the economy of the eurozone countries, market conditions are, and no one wants overpriced inferior products, that every sector of eurozone manufacturers produce in not needed multitude, in an overvalued Euro currency. The next stage of this manufactured block is liquidation of the weakest, followed by more currency printing, the currency increasing, ending with depression and devaluation. The risk cannot be averted because others have crossed that bridge and were first to revalue their currency. What happens now is that eurozone countries have price hikes on everything, effectively making the entire Euro currency countries uncompetitive to its export markets and its own consumers who import lower priced better quality products. These price increases will determine the pressure on the Euro and the consumer who has less to spend and the spiral is downhill for both. It was and is way overvalue as stated in October 2010, and now all other currencies are in the race to devalue at the expense of the irrevocably fixed Euro. The result a double dip recession and inflation out of control. The IMF is only interested in profiteering at the expense of the weaker countries like Portugal and Greece. Its not controlling the economy of the eurozone countries, market conditions are, and no one wants overpriced inferior products, that every sector of eurozone manufacturers produce in not needed multitude, in an overvalued Euro currency.
The next stage of this manufactured block is liquidation of the weakest, followed by more currency printing, the currency increasing, ending with depression and devaluation. The risk cannot be averted because others have crossed that bridge and were first to revalue their currency.
What happens now is that eurozone countries have price hikes on everything, effectively making the entire Euro currency countries uncompetitive to its export markets and its own consumers who import lower priced better quality products.
These price increases will determine the pressure on the Euro and the consumer who has less to spend and the spiral is downhill for both. It was and is way overvalue as stated in October 2010, and now all other currencies are in the race to devalue at the expense of the irrevocably fixed Euro. The result a double dip recession and inflation out of control.

]]> http://wallstreetpit.com/37237-may-the-biggest-loser-win-eurolands-race-to-the-bottom#comment-261146 Anonymous Fri, 27 Aug 2010 14:27:13 +0000 http://wallstreetpit.com/?p=37237#comment-261146 Thank you for this post. It is showing data not announced through other media sources. Thank you for this post. It is showing data not announced through other media sources.

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