Originally Posted by amideislas (Post 10189579)

Oh, that was just to make it look like they are "unbiased".
The secret conspiracy to destroy the world is still alive and well.

Originally Posted by HBG (Post 10189582)

A lot of countries are seething with indignity at the markets, and credit rating agencies; countries like the US, the UK, Germany, Spain and France. Mostly they are seething because the free markets don't believe the lies of their politicians.

The EU pumps money into Spain, thinking it will calm the markets, who promptly raise Spain's borrowing rates to 7.5%, an impossible level.

The US prints more monopoly money and is flooded with imports from China, while the cheeky Chinese refuse to lower the Yuan and try to buy up large chunks of the US.

Originally Posted by amideislas (Post 10189599)

Whether you believe politicians or not, they all have an impossible job. Not defending them, but really, it's us, the public, who are the least interested in reality.

We want them to tell us what we want to hear, because if they told us the truth, we'd revolt and demand their heads.

Well, at the moment it appears there are more Euros being printed than dollars. Down near 1.20 yesterday.