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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.01+0.4%Jan 9 9:30 AM EST

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To: pcstel who wrote (27700)3/24/2010 1:06:38 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 29987
 
Indeed there was financial carnage lying in wait: <With the financial woes and Big Ben and other central bankers and politicians around the world panicking over financial stability, there is potential for macro financial carnage too. Liquidity is often a good idea at such times. >

The situation seems no less dire now. In fact, wall to wall deficits continue to boom with no end in sight, not even a light at the end of the tunnel.

There is not even a hint that interest rates will start to increase, let alone being at a sufficiently high level to reward people putting money in the bank. Give it another year or three and maybe there will be some light in the gloom. On the other hand, these might be the good old days.

Mqurice
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