MrNosey

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About MrNosey

  • Rank
    British in Schleswig-Holstein

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  • Website http://www.iamnotthatvain.com

Profile Information

  • Located Hamburg
  • Nationality English
  • Hometown Derby
  • Gender Male
  • Year of birth 1963

MrNosey's Activity

  1. MrNosey added a post in a topic: Where to go, Greece?   


    I see you enjoy reading The Economist. Maybe you should turn your attention to the UK, Japan and the US. Your preoccupation with the PIIGS is making you miss more serious issues.

    http://www.economist.com/blogs/graphicdetail/2012/09/daily-chart-10
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  2. MrNosey added a post in a topic: Where to go, Greece?   


    You're the guy who was sitting on a pile of USD rubbing his hands and fully expecting the EURUSD rate to go below 1:1 - how's that working for you?
    The total US debt picture is also on a par with the EU PIIGS and not with the Eurozone as a whole and the US appears to be in much worse shape when it comes to being able to repay --> http://soberlook.com...tuation-is.html
    The Eurozone current account as a % of GDP is roughly in balance unlike the US, which is in negative territory.
    The Eurozone public debt (~90%) is less than the US (~100%) as % of GDP.
    And private debt is less than the US (~250%) as % of GDP - not even Greece comes close to that US figure.
    You confuse the general propaganda surrounding Greece and Portugal with the picture in the Eurozone as a whole, which would be similar to comparing the economies of Mississippi and West Virginia against the EU.


    Meanwhile Ben just announced to the world he's going to continue printing USDs, effectively ad infinitum. The reason inflation hasn't taken off like a rocket just yet (although it already has started far more than the manipulated figures show) is because the banks and companies are hoarding it and a lot is flowing out of the country to repay debts. When the banks start to lend again and/or when the Chinese, Russians, Japanese start to move out of USD (then their USD will be repatriated to the US) the amount in circulation will rapidly increase.
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  3. MrNosey added a post in a topic: Where to go, Greece?   

    I'm surprised you didn't mention Bernanke's latest little money-printing wheeze called "QE 4EVA". Bye bye USA.
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  4. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    And what would a Euro look like if it was being run for Greece's benefit?
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  5. MrNosey added a post in a topic: Astra 2F and Astra 2E - New satellites arrive   

    You guys don't normally adjust LNB skew?
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  6. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   

    Next subject...

    "<Insert your PIIGS country leader's name here> and their government are a disaster...
    For their own country and for Europe"
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  7. MrNosey added a post in a topic: Grammar police   

    Grammar Nazis rejoice - Spelling and grammar saves lives (or lack of costs).


    http://www.telegraph...ered-woman.html
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  8. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    You're suggesting Germany controls Greek, Spanish and Irish wages as a 'designed' piece of the Eurozone?
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  9. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    The Euro is overpriced for them because they increased their real wages at the fastest rates in the EU with no parallel increase in productivity or extnesion in goods and services provided.

    As regards devaluing - their real wages will be cut anyway, inflation will rise and they will have just even more of a problem trying to pay back debts in a foreign currency.
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  10. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    All of that as well but doing nothing else except giving yourself lots more money for doing the same old shit doesn't help.
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  11. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    But it's only high because they awarded themselves huge and unwarranted pay rises and entitlements.

    More often than not, the proposed solution has been for them to leave the Euro and devalue their currency. This has exactly the same effect as what they are being forced to do now - cut their real wages and expenditures and sell the family silver.
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  12. MrNosey added a post in a topic: Angela Merkel and her government are a disaster...   


    I really don't know why you refuseniks keep harping on about a low exchange rate for Germany. Since the Euro was introduced into circulation, it has appreciated against the USD by ~40% and against the GBP by ~30% (from 1/Jan/2001 to 14/Dec/2012). At the 'worst' point for Germany (H2/2008), the Euro had appreciated >55% against the GBP and >66% against the USD. Despite this massive cost disadvantage to Germany, it has continued to out-perform the US and UK in exporting. There's probably a different explanation and that is Germany produces quality products that people the world over want to buy and the US and UK do not.
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  13. MrNosey added a post in a topic: Elementary School Shooting in Connecticut   

    My rough figure was based on intentional gun homicides minus from all gun deaths. The total gun deaths is slightly more than double the intentional homicides. What is then counted in this 'rest' is suicides, accidents, justifiable homicides by police and public,... There are a lot of gun suicides in the US and I don't know if you class that as intentional or not but if you do then that would make the intentional gun homicide rate much worse.

    The overall gun death rate for the US to Germany is about 9:1 which is pretty good if you think about it since there must be a much higher rate of gun ownership in the US (more than 9:1 gun ownership rate compared to Germany).
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  14. MrNosey added a post in a topic: Elementary School Shooting in Connecticut   


    No, because the figures are for 'intentional homicide'.

    If you included accidental gun deaths the US would be in a much worse position, since my very brief internet trawl indicates there are more accidental gun deaths per annum than intentional shootings, meaning a more than doubling of the US 'gun death' rate than shown on the Wiki page.
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  15. MrNosey added a post in a topic: Elementary School Shooting in Connecticut   


    They sure do look purdy. Gonna get me a couple of those babies for the gun rack on Monday.
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