16
rocko - you always appear to be focused on very short term cycles... the euro currency and european union has come out of long term cycles... what were the long term cycles in effect for the treaty of rome, or the introduction of the euro currency? these are the kinds of questions that an answer to would help shed more light on where we are at this point in time with regard to the european union... otherwise one can get caught up in the flotsam and jetsam and miss a lot!

19
Hard to know what is going on in Italy. Or the motivation of the Italian government but perhaps they hold a gun to the EU's Head about their Budget Deficient.

On the BBC World Services's Business Matters today at 08.30am 10th Oct there was a good explanation by Jeremy Cleft (sic) of the Economist Magazine.

He felt things will come to a head in mid December at an EU Summit to agree rules about Collective Debt.

The Northern EU Countries led by Holland don't like being on the hook for Italian and others' Debt.

H

https://uk.yahoo.com/finance/news/itali ... 01871.html

20
As Italy could crash the EU we need to be watching the Dates. The EU has rejected their Budget and given them three weeks to do better. So till around the start of the week of the 12th Nov.

https://uk.yahoo.com/finance/news/italy ... 44932.html

Using my simple Top Down Rolling Analysis that is the week after the US Mid Terms, when I think things are calmer.

[t.Mars forms an inconjunction with The Node.]

Until the 17th Nov when it all get shaky again till late Nov.

H