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Economy
Hugh Hendry On Europe "You Can't Make Up How Bad It Is"
2012-05-02
Posted by:tipper

#6  Remember in the worst of times many still profit. Most will lose everything.
Posted by: Dale   2012-05-02 23:56  

#5  I'm in, OP.
Posted by: Barbara   2012-05-02 22:26  

#4  Transfer it anywhere you want; the value is gone.

That's key.
Posted by: canalzone   2012-05-02 22:06  

#3  Old Europe began going downhill in the late 1980's. You had to look hard to see it, but the signs were there. Eastern Europe, once they shook off the Soviets, took a decade just to get to the starting line. They're beginning to emerge financially, just in time for the West to destroy everything in a huge crash. Obama's gotta go, or we'll go down in the crash, too. If it gets too bad, I'm thinking of gathering up a few hundred of my friends and declaring independence. We have a perfectly good Constitution that isn't currently being used we can build on.
Posted by: Old Patriot   2012-05-02 21:18  

#2  Yes, and has been for several years. Now our markets are being flooded with money transfered from Europe. So now our markets will go as high as the fear and emotion will drive it. Obscene over valuation. Money made day by day week by week. Everyone will want in. Then panic to cash in. Real value is gone.
People will have everything in the market and poof it is gone. Massive transfer of wealth for those who get a jump on the beginning sell-off. People will sell their gold hoards because the market is doing much better. So no money, no home, no food, and no job. Obama will party till the music stops.
Posted by: Dale   2012-05-02 15:13  

#1  They have had their brand of "hope" and change for years. They are so "advanced" they should crash a year ahead of us... unless Obama can catch US up to them.

Genius
Posted by: newc   2012-05-02 15:08  

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