Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (72816)	3/13/2010 12:36:15 PM
From: elmatador	of 74559

countries scramble to raise money to pay their debts. Indebteness spiralling from periphery to to center... One after the other, they will tighten their belts signalling the end of the consumption-fed GDP growth. Mobs (civil servants, teachers and airlines employees at the front, will march the European streets as the egalitarian Social-democracies die out. Capital flight ensues seeking the protection of emerging markets that have to implement toll gates to avoid overheating their economies. Societes are left polarized: youngsters vs old people Civil servants vs private employees Europe, even being nations of older people, start exporting their youth.

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