Member Info for BoomerBower

Levi the best investment in the EU right now probably paper as the printing press is ramped up once more.

Gate shouts of racist or sexist are merely power plays and used to shut up ppl who have normally made a good point the left don't like. Amber Rudd is an exception to this rule as she's never made a good point on anything or done something useful her whole life.

It's beyond a joke, shouting racist for use of language is actually pathetic. It's a game that needs to be turned on the users whose moral position needs to be thoroughly examined when they play either race or gender politics.

Bruce no one is offended by this term and it's merely a game. Rudd had she had any bottom at all should not have apologised and owned the use of language.

Bruce why is it offensive to call someone coloured. I'm half cast as they say which saves hugely on sun lotion, really don't get the offence at being called coloured. It's totally synthetic.

Bruce he's still trying to claim there is a genuine market in Greek debt which of course everyone knows there isn't. No sane person outside of Greece would risk 100 beans for a 4% coupon unless they can demur from the credit risk side of it.

Wids the issue is one of productivity fundamentally. Western society is full of ppl sat on their backside doing pointless bureaucracy or ppl just being paid to be sat on their backsides. Fundamentally we can't expect to get cheap stuff from Asia forever and a day in exchange for worthless bits of paper. Eventually the Chinese will wake up to the fact they are giving stuff to a bohemian bunch who can't be arsed to pull out their finger in exchange for nothing.

Wids did mario ever get his chance to rise interest rates? If the eurozone is growing this weakly as mario has said it's highly likely Italy will contract fast which might hasten them out of the door rather quickly.

Wish mario had kept his gob shut!

Crowcast stop gas lighting. You are going on about a debt issuances in 2017 qe ended in 2018q4 so what lies have I told. None you are just getting aggressive because I'm given you a good pasting. Unfortunately you can't bring race into monetary policy so acusing me of lying is your last resort. Unlucky son.

Crowcast suggest if you are so happy with Greek debt how about you sell your house and invest in Greek paper? See how that works out for you?

Crowcast you are the one talking nonsense claiming these bond would be held to maturity as you were totally ignorant of the ECB cash auctions and the secondary market. I pointed out QE was going on well past this issuance you referenced which seens to boil your piss. Knock yourself out if you want to look an ass but don't claim a victory when you are making a total clown of yourself

The ecb ltro is truly bizarre that gives preferential rates to banks for taking more risk. Sane bankers price for risk, the ECB is saying to bankers please lend to these broke/high risk ppl and we will reward you bankers handsomely for this excessive risk taking. What could go wrong with that? I'd say the probability of these loans being repaid is very low. Also ltro can't truly ever draw to a close as closing it would cause another liquidity crisis.

Crowcast you were referring to a Greek debt issuances in 2017. I merely point out the fact that the only reason said issuance got away is because of ECB liquidity and the ECB allowing use of Greek bond as collateral in ECB cash auctions. Eithout these there is no chance private investors would touch Greek debt It's perfectly clear you have zero understanding of the bond market or the ECBs OMO, and you have no idea what the secondary bond market is either. Given this it's a good idea to not lecture ppl who have a far better understanding than yourself.

Wids the fact the ECB will take Greek bond at par value as collateral in ECB cash auctions even though Greek bonds are rated junk says it all. Without that mechanism there would be no willing external buyers of Greek debt issuances at all. The bond market isn't a market currently just a mechanism to transfer the risk of Greek bonds to the ECB.

Ok btb we'll do that whilst we are at it use the royal navy to keep the Irish fishing fleet at port.

And crowcast it amazes me you were in business for 30 years if you can't distinguish between the primary and secondary bond market. These are basics anyone with a grade C in a level economics should know.

Crowcast you are making yourself look a fool. The ECB can't act as a buyer in the issuance of bonds (primary market) so your numbskull point about who bought the issuance is a statement of the obvious. I'm talking about the secondary market where these bonds will have either been sold to the ECB printing press or swapped with other bonds. Who wouldn't buy in the primary market and sell to the ECB in the secondary market when there is a tidy risk free spread. Id do that trade all day long.

You are quoting 2017 bond sales you clown. Even you say the bond buying continued after to ye 2018. Wind Ur neck in and stop making yourself look a fool. And btw mario will be announcing more control p soon so only a 3 month hiatus. Hardly a pause is it. Are you going to carry on looking a fool?

Crowcast so all those bonds are held to maturity. Yeah right, why is there a qe program needed if these bonds aren't traded. What's in Ur drink tonight? Think you've had enough.