Yes they did, for many decades, and if not for the reckless financial stunts of the American banking system that nearly collapsed the world economy, and USA bank GS that swindled the Greek government, it would still be the case.
Why in the world should the EU do such a silly thing? It has existed, grown, and thrived for fifty years. Just because the UK, a member that has always been reticent (and not even one of the founding nations) decides to leave? England (and lets be clear here... it is just England that voted to leave... both Scotland the Northern Ireland voted to stay) will be the loser in all this. I wonder... would you promote the breakup of USA if Texas voted to leave the union?
Did you buy today. If not, what price are you waiting for? If you didn't have any position in SAN, a retest of the 52 week low today surely was a time to at least start to leg in.
Really? GILD was your top Brexit play?? I'd say SHPG was trading at a much better sale price today as far as the pharma sector is concerned.
I see no obvious reason why any of the founding nations of the EU would want to exit. The UK was always a reticent member of the EU. Its exit will be mainly to its detriment, not that of the other member countries. This Brexit thingie is way overblown.
@In 1957, Belgium, France, Italy, Luxembourg, the Netherlands and West Germany signed the Treaty of Rome, which created the European Economic Community (EEC) and established a customs union.
Take a look at another UK-based company BTI also with world-wide operations. It's currently down about 3% but basically flat on the week. The primary listing on the LSE is actually up over 4% today in the local GBp currency.
Not nearly as big a drop as I was expecting on a Leave win. I was ready to buy more in the low 90's. Now not sure it'll get there. The UK-EU divorce process will take a couple of years and even then it's far from clear what the true impact to DGE will be as they operate throughout the world.
Whatever way you choose to short the market is irrelevant. My point is you have zero credibility unless the market crashes and you post a priori how you're positioned to profit and your entry point(s). Just continuously calling for a crash while the market steadily moves up doesn't cut it. Everyone and their mother knows it'll happen eventually. Duh.
imbecile. I only post with this one id. you and your aliases and those of other dirtbags like you can all go to hella. what is the problem with you freaks anyway? sheesh.
Why is the current balance not acceptable for a fully developed nation like USA? Time to get off the treadmill. Cut defence spending to hit a balanced budget and just chill out.
@The rate path “is essentially flat over the forecast horizon,” Bullard wrote, with key economic variables likely stuck around their current values, with growth at around 2 per cent, unemployment around 4.7 per cent, and inflation heading towards and likely anchored at the Fed’s goal of 2 per cent. He has now made that view the basis of his policy outlook. The “regime” could change, Bullard wrote, if productivity unexpectedly jumps, for example, or if a recession occurs. But absent some outside shock, he said the economy may have slipped into something like a long-run equilibrium. Monetary policy usually encompasses estimates of long-run equilibrium growth, unemployment and interest rates as a guide to how the economy might change over time. Bullard says the current situation may be much more static. “On balance, real output growth, the unemployment rate, and inflation may be at or near mean values that could be sustained over the forecast horizon provided there are no major shocks to the economy,” Bullard wrote. “Key macroeconomic variables including real output growth, the unemployment rate, and inflation appear to be at or near values that are likely to persist over the forecast horizon. Any further cyclical adjustment going forward is likely to be relatively minor.”
Any blockchain technology the banks develop will be limited to private transactions amongst themselves. Any centralized system they develop will not survive externally. Bankers know that they can never fully enter this race. Ethereum has quickly revealed just how versatile and powerful blockchain technology can be. Ultimately though, I suspect that only a decentralized trustless peer2peer system (BTC and/or a derivative like LTC) can become that 'viable' public cryptocurrency and smart contract platform you refer to.
@@@Bank of Canada senior deputy governor Carolyn Wilkins is pouring cold water on rumours that the central bank is developing its own cryptocurrency. In a speech in Calgary Friday, Wilkins reiterated that the digital currency CAD-Coin the Bank of Canada said it was experimenting with Thursday is only a prototype for how large transactions between banks might be settled in the future. Anyone looking forward to the central bank issuing a digital currency for public use like Bitcoin or Ether should be prepared to wait a long time, she said. “I think we’re very far off,” she said. “Our priority is to see upgrades made to the core payment systems that the financial system relies on and that the Bank oversees.”
Growing pains, not entirely unlike the challenges BTC has struggled through.
@Digital currency Ethereum may have less than a month to live. In just one day, the currency has plummeted in value by nearly a third after it was revealed one of its main backers had been hacked and $50m worth of "ethers" were moved to a different entity. "An attack has been found and exploited in the DAO [decentralized autonomous organization]," warned a blog post early Friday from the founder of Ethereum, Vitalik Buterin, "and the attacker is currently in the process of draining the ether contained in The DAO into a child DAO."
That draining amounted to 3.6m of the 9.2m ethers that The DAO possessed – worth around $50m at the time and representing just under 15 per cent of all ether tokens. The crypto-currency backers called an emergency meeting and within a few hours arrived at a proposal: update the entire system's software with a "soft fork" that would effectively prevent the stolen currency from being withdrawn, and then a hard fork that would return it to The DAO. The money currently sits in a locked fund and can't be moved for 27 days.
Imminent my #$%$. I read mid 2017 which is roughly in line with kic_84's post . In any case, no decision forthcoming in 2016.
Well NILSY is back down near the bottom of that 8000 RUB mark (traded at 8448 today). I decided to buy more yesterday before it went ex-dividend. I swear, if NILSY flew any lower under the radar it would be a submarine.