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Started By
Message
And boom...Euro go bye-bye (Gazprom news)
Posted on 7/18/22 at 8:18 am
Posted on 7/18/22 at 8:18 am
.90 cents here we come.
Gazprom declares Force Majeure...back dating to June 14th.
IEA says Europe Must Cut Gas Immediately (July 18th)
Guess the markets aren't going to react until July 22nd though.
Gazprom declares Force Majeure...back dating to June 14th.
IEA says Europe Must Cut Gas Immediately (July 18th)
Guess the markets aren't going to react until July 22nd though.
This post was edited on 7/18/22 at 8:19 am
8
Posted on 7/18/22 at 8:25 am to MadtownTiger
Global housing crash plus upside down Euro is going to present a once in a lifetime opportunity for your dream property in Europe.
Posted on 7/18/22 at 9:20 am to MadtownTiger
If only someone had warned Europe this would happen
Posted on 7/18/22 at 12:27 pm to Sput
quote:
If only someone had warned Europe this would happen
Posted on 7/18/22 at 2:10 pm to MadtownTiger
So what are the best ways to play this in the US?
Posted on 7/18/22 at 4:10 pm to Lightning
quote:
So what are the best ways to play this in the US?
Buy Euros now on the cheap for when Joe finally out stupids they Europeans
Posted on 7/18/22 at 4:24 pm to I Love Bama
I started poking around northern Italy after your post. Not so outlandish 
Posted on 7/18/22 at 5:35 pm to MadtownTiger
quote:
And boom...Euro go bye-bye (Gazprom news)
Posted on 7/18/22 at 5:47 pm to MadtownTiger
What happens when the tide comes in at a nude beach?
Posted on 7/18/22 at 6:24 pm to timdonaghyswhistle
I really dont know? What does happen?
Posted on 7/18/22 at 7:40 pm to rocksteady
quote:
I really dont know? What does happen?
I don't know either. That's why I was asking.
Posted on 7/19/22 at 6:45 am to timdonaghyswhistle
quote:Assets shrink if the water's cold.
What happens when the tide comes in at a nude beach?
Maybe you were remembering Buffett's quote?
“Only when the tide goes out do you discover who's been swimming naked.”
This post was edited on 7/19/22 at 6:46 am
Posted on 7/19/22 at 2:25 pm to MadtownTiger
Posted on 7/19/22 at 2:30 pm to MadtownTiger
I feel bad for normal Germans.
But, they'll have to feel pain.
They asked for this.
But, they'll have to feel pain.
They asked for this.
Posted on 7/19/22 at 2:31 pm to I Love Bama
quote:
Global housing crash plus upside down Euro is going to present a once in a lifetime opportunity for your dream property in Europe.
Beach house in Mallorca here I come
Posted on 7/19/22 at 9:44 pm to I Love Bama
quote:
Global housing crash plus upside down Euro is going to present a once in a lifetime opportunity for your dream property in Europe.
The hard part is going to be sorting to find which places the government won’t stick it to foreigners/property owners/both when in dire straits.
Posted on 7/20/22 at 12:48 pm to Decisions
How long is this supposed to last? Assuming as long as the Russian/ Ukraine war? I have a trip to europe in November, is it worth doing anything right now?
I'd assume things like hotels would be "cheaper" to purchase in dollars right now?
I'd assume things like hotels would be "cheaper" to purchase in dollars right now?
Posted on 7/20/22 at 5:03 pm to baldona
quote:
How long is this supposed to last?
The euro being down? As with all things, it depends
. quote:
as long as the Russian/ Ukraine war?
I would say this is their best case scenario if it only lasts this long (assuming this war has a conventional “end” at all) and Russia eventually turns back on the gas flows.
The much more likely scenario is that the Euro heads of state will captain their ship of defiance to the absolute bottom and face serious civic unrest this winter when people can’t stay warm. Decent odds at least a few countries will eventually break ranks and attempt to broker a separate peace with Russia in exchange for energy.
Posted on 7/20/22 at 10:19 pm to baldona
I’m don’t think anything in Europe will be significantly cheaper this fall/winter when their power and heating cost multiply by a factor of 10. They are potentially looking at a depression.
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