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Old 02-18-2011, 05:27 PM   #1
leistb
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Default A $100 Billion (notional) Bet The Eurodollar Will Decline in the Next Month

Is a rate hike or a failure coming?

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Old 02-18-2011, 05:51 PM   #2
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Is it real or is it a fat thumb? QE3 is just around the corner, so it would be pretty insane to be betting on widening eurodollar spreads right now.
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Old 02-21-2011, 07:26 AM   #3
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So many things happening and I have no time to track them -- very
frustrating .

My ignorant guesses ....
- The Euro banking system + region is kept afloat by money printing .
Some of it quite unorthodox ( Irish Banks ) .

- Merkel has just been sent a very loud message by the voters
"no more money printing and no more giving away our money bitch " .

- I understand from previous reading that there are massive debts to
be rolled over in March . Do we see a problem here ?

All of which kinda leaves the EU with no where to hide when the one thing
that 99.5% of politicians find extraordinarily hard to do is anything that
makes them unpopular .
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Last edited by Ross; 02-21-2011 at 04:53 PM.
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Old 02-21-2011, 12:40 PM   #4
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Quote:
Originally Posted by Ross View Post
- I understand from previous reading that there are massive debts to
be rolled over in March . Do we see a problem here ?
Yes, there is a problem.

Portugal must roll the equivalent of 7.5% of GDP between 18 March and 15 June. Belgium must roll 5.3% of GDP between 17 March and 14 April.

That's a piss of a lot of debt.
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