How rude you are! You are trading or defending your country? They are different! And I am sure you understand it!
I'm neither long nor short cos I'm not an ET piker and I don't trade direction. I make money as long as there is volatility. Those were purely my views on the Italian situation, there is no need to get so defensive.
So if you dont make money by capturing part of a move in 1 direction (by having initiated your trade BEFORE it moved in that direction), you have found a magical way to make huge piles of money from a sideways-line market??
http://en.wikipedia.org/wiki/Net_international_investment_position NIIP poorest Italy: -376B eur or 24% of GDP. Spain: -983B eur or 93% of GDP. Portugal -184B eur or 108% of GDP Ireland -157B eur or 98% of GDP Greece -197B EUR or 83% GDP USA: -2,400B USD or only 17% GDP Richest Switzerland: +743B CHF Germany +895B EUR Singapore +682B SGD Norway +1,900B NOK or 250B EUR
1. How do you propose to convince the Italian people to purchase back their debt from the fools who lent the money? 2. How is the Yen the world's strongest currency? What metric are you using to determine that?
You can't, it's a typical Italian reaction. They think they are the best. It's all a a lot of blablablabla in Italy. Unfortunately it's only blablabla and because of it, they are taking everybody down with them.