Deutschland uber NYSE?

Growler · 02-15-11, 11:07 AM

http://money.cnn.com/2011/02/15/mark...change_merger/

I'm not sure what I think about this, yet.

Feuer Frei! · 02-15-11, 11:26 AM

Before the merger, about half of the NYSE group’s shareholders were already European. In 2006, NYSE merged with Euronext, consolidating New York with exchanges in Paris, Brussels, Amsterdam and Lisbon, along with a futures exchange in London.
New York is no longer the coveted economic crown jewel it once was.
For Deutsche Börse, the real prize is in what NYSE Euronext owns—with the emphasis on Euronext.
Germany is pushing for greater economic union—on its terms.

Growler · 02-15-11, 11:54 AM

I think that the age of American economic primacy is coming to a close, and I'm not sure that's a bad thing; after pricing the former USSR out of business, the US had the capital and no real place to spend it. It almost feels like the current economic downturn in the US is a consequence of bad fiscal policy internally that resulted in not having a fiscal enemy externally.

Even with Somalia and later, Desert Shield/Storm, the US just wasn't spending like it did in the Reagan administration, and was rather coasting on those profits and internal deregulation of housing and other industry.

Understand - I'm not an economic historian by any stretch. All of the above is pure speculation, and probably misses on several marks; its just how I perceive the situation today.

Also, I haven't had much coffee yet.

02-15-11, 11:07 AM	#1
Growler A long way from the sea Join Date: May 2005 Location: Iowa Posts: 1,913 Downloads: 21 Uploads: 0	Deutschland uber NYSE? http://money.cnn.com/2011/02/15/mark...change_merger/ I'm not sure what I think about this, yet. __________________ At Fiddler’s Green, where seamen true When here they’ve done their duty The bowl of grog shall still renew And pledge to love and beauty.

02-15-11, 11:26 AM	#2
Feuer Frei! Navy Seal Join Date: Sep 2009 Location: Valhalla Posts: 5,295 Downloads: 141 Uploads: 17	Before the merger, about half of the NYSE group’s shareholders were already European. In 2006, NYSE merged with Euronext, consolidating New York with exchanges in Paris, Brussels, Amsterdam and Lisbon, along with a futures exchange in London. New York is no longer the coveted economic crown jewel it once was. For Deutsche Börse, the real prize is in what NYSE Euronext owns—with the emphasis on Euronext. Germany is pushing for greater economic union—on its terms. __________________ "History is the lies that the victors agree on"- Napoleon LINK TO MY SH 3 MODS

02-15-11, 11:54 AM	#3
Growler A long way from the sea Join Date: May 2005 Location: Iowa Posts: 1,913 Downloads: 21 Uploads: 0	I think that the age of American economic primacy is coming to a close, and I'm not sure that's a bad thing; after pricing the former USSR out of business, the US had the capital and no real place to spend it. It almost feels like the current economic downturn in the US is a consequence of bad fiscal policy internally that resulted in not having a fiscal enemy externally. Even with Somalia and later, Desert Shield/Storm, the US just wasn't spending like it did in the Reagan administration, and was rather coasting on those profits and internal deregulation of housing and other industry. Understand - I'm not an economic historian by any stretch. All of the above is pure speculation, and probably misses on several marks; its just how I perceive the situation today. Also, I haven't had much coffee yet. __________________ At Fiddler’s Green, where seamen true When here they’ve done their duty The bowl of grog shall still renew And pledge to love and beauty.