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Panicked European Investors Pay Germany to Take Their Money !!

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posted on Jun, 3 2012 @ 08:59 PM
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Story from Breitbart
by Joel B. Pollak

Panicked European Investors Pay Germany to Take Their Money
 

Well it looks grim in Europe for money.

So grim in fact that many investors were actually paying a premium to buy German Bonds.

That means buy at break even interest or pay interest to own the damn things !!!!!

I guess retaining the original principal is better than getting 5% or 10% interest return and losing the investment value later.



As investors panic over the debt crisis in Greece, Italy, and Spain, Germany has emerged as a safe haven for investors--so much so that the interest rate on ten-year German government bonds dropped below zero on Friday. That means investors are so desperate for security that they are willing to accept less money at the end of ten years than they invest today; they will pay the German government to take their money.


Isn't gold better ?


Bloomberg News reported on June 1:

Germany's 10-year bunds, Europe's benchmark government debt securities, headed for a seventh weekly advance, driving yields to an all-time low. Austrian, Dutch and French yields also fell to records as a report confirmed euro-region manufacturing contracted in May...

The German two-year yield slid to as low as minus 0.002 percent, the first time the rate on the securities has been negative, according to data compiled by Bloomberg, and was at 0.005 percent as of 9:03 a.m. London time. The price of the zero percent note due in June 2014 was at 99.99.




Better they say ?


There is hope for Europe yet. Last week, in economically-troubled Ireland, voters voted yes--by more than a 20 percent margin--in a referendum on Europe's fiscal treaty. The vote broke a string of anti-incumbent results across Europe. The result was an immediate decline in Irish bond yields--the price, effectively, that the Irish government must pay to borrow money.

For now, Germany--which endured painful debates about pension reform and government spending a decade ago--is still the safest bet for crisis-weary investors in Europe.












edit on Jun-03-2012 by xuenchen because: (no reason given)




posted on Jun, 3 2012 @ 09:18 PM
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No Philip Fry picture with caption?



posted on Jun, 3 2012 @ 09:18 PM
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posted on Jun, 3 2012 @ 09:42 PM
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Germany always seems to do quit well. They are one hell of a country. 1/3 powered business days by renewable energy resource's. Yup, Ill welcome the Deutschmark any day.



posted on Jun, 3 2012 @ 10:04 PM
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reply to post by xuenchen
 


What a mess. Leave it to the Yourapeons and the EEEYOOOO.Stinks doesn't it.
Where did WW1 start? Where did WW2 start?
Where will WW3 start, you guessed it.
I'm just wondering if The United States of America will have to
go in and clean up the Socialist tea drinkers mess again.

The thing is, I love Europe. If my memory is correct, things were perfectly great there
when they had their own individual currencies.

Think Winter Olympics Innsbrook Austria. Those were the days baby! S&F



posted on Jun, 3 2012 @ 10:10 PM
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Yet another sign that the Deutschark will be the new reserve currency soon. See my sig. Not even the US has negative rates. Close, but no cigar. And Germany has perhaps 3-4 times less debt/GDP ratio than the US. China's weaker than Germany as well; their hopes of holding the reserve currency spot are just pipe dreams; the world will never use a Communist currency as the reserve.



posted on Jun, 4 2012 @ 12:49 AM
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Originally posted by 00nunya00
Yet another sign that the Deutschark will be the new reserve currency soon. See my sig. Not even the US has negative rates. Close, but no cigar. And Germany has perhaps 3-4 times less debt/GDP ratio than the US. China's weaker than Germany as well; their hopes of holding the reserve currency spot are just pipe dreams; the world will never use a Communist currency as the reserve.


This again??? Get neutured,chairman meow.Enough already.You've left this link in every post on this site.Not even the ufo and alien sections will be spared your spam.

Woof Woof !!!!



posted on Jun, 4 2012 @ 07:20 AM
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Originally posted by 13th Zodiac

Originally posted by 00nunya00
Yet another sign that the Deutschark will be the new reserve currency soon. See my sig. Not even the US has negative rates. Close, but no cigar. And Germany has perhaps 3-4 times less debt/GDP ratio than the US. China's weaker than Germany as well; their hopes of holding the reserve currency spot are just pipe dreams; the world will never use a Communist currency as the reserve.


This again??? Get neutured,chairman meow.Enough already.You've left this link in every post on this site.Not even the ufo and alien sections will be spared your spam.

Woof Woof !!!!


LOL, yeah, okay "zodiac" Go dream of being a big scary serial killer!
Or a hooky spooky astrologer or whyever the hell you picked your handle.

Hmm, three mentions in two days on threads that exactly have to do with Germany being the financial power......yeah, I see your point.

edit on 4-6-2012 by 00nunya00 because: (no reason given)

edit on 4-6-2012 by 00nunya00 because: (no reason given)



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