I was 4% up on the day yesterday due to US$. All the rest of portfolio +- nada.
re >>encourage the sale of gold until having to seize the mines, print lots of USD, be prepared to do an Argentina on the external creditors, and definitely do not dismantle the really big bombs.
Yikes, am I too close to the truth?<<
...Yeah, I guess so. I would just add (with an eye on W, Ashcroft...) "...And carry a big Bible."
>>what should we do now?<< Well, you have it easy. US is cleaning up Philipines (at least thats what I heard) and you can go snorkeling&diving for the rest of your days. Just a suggestion; As for me...Im best at doing nothing.
In any case, the hatches are battened down, all the animals aboard, Noah can push off ... (well, lemme check again;)
>>Where does Europe stand in this entire big picture scenario?<<
I dont hear any single european voice (so far....), except for ECB, saying business as usual and the usual suspects (danger of high wage increases in Germany, unsettled labour market conditions etc) are to be arrested.
dj |
