| Latest Forum Topics / Others |
 Post Reply
|
|
Contagion?What Contagion?
|
|
|
tanglinboy
Elite |
13-Jul-2011 07:19
Yells: "hello!" |
|
x 0
x 0 Alert Admin |
When I read your topic title, I thought there was a new bird flu contagion! |
| Useful To Me Not Useful To Me | |
|
andreytan
Veteran |
12-Jul-2011 23:19
|
|
x 0
x 0 Alert Admin |
Italy will be next? No, not so soon, their borrowing cost is just 5%, so is Spain , they are still strong, unlike Greece which is 17% and 15% for Portugal So what contagion, are we worried about, really??? We can put that to 2012. 2012, the world will not end, but stock will have a big fall, so big that will make 2008 like a picnic( like expert say), if economic growth do not pick up, then Portugal, Spain, Ireland will be in real trouble. -ve growth equal no money to pay, equal default, this time ECB, IMF, and World bank combine also cannot save the too big to fail. cash will be king then, sell all, gold , stock...welcome to the great deflationary depression. |
| Useful To Me Not Useful To Me | |