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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (73000)3/21/2010 1:13:06 PM
From: Haim R. Branisteanu   of 74559
 
Kyros, but this IS exactly the point - Big mouth will pay now dearly for his irresponsible conduct, the IMF will force much deeper cuts in outlays of the Greek government.

The Unions will scream "bloody murder" but the positive issue will be that Papandreou will have no one to blame within the EU and his job will be on the line - he will run scared to bring the budget deficit within normal range well before the new elections.

The net result will be that Portugal and Spain will quickly get the message and shore up their own finances and the EU will sail into stability zone proving the concept of the EU a success

Well it may be that this is all my personal wishful thinking <GGG>

Next BO will be on the line for his reckless policies debasing the US currency and hopefully the US will also come to its senses

So contrary to TJ prediction, in few years we will enter a new period of prosperity and low inflation - does this not sound nice? <GG>
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