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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: ggersh who wrote (66012)	9/12/2010 5:37:53 PM
From: elmatador	Read Replies (2) of 217789

A friend here said: what you see in the press about Greece is happening in all European countries. (it was a week ago, not after I read the article) It is mostly visible in Greece so to give the impression that is a localized problem. Fact is that all countries in Europe are in the same situation. Seeing my look of disbelief on my face he continued: Europe is bankrupt. They are ashamed to come out and say it. To avoid losing their face, they raided the pension funds and spent all money they had in the coffers. One day it will come out that they are all in the same situation as Greece. There is no money. Where do you expect the money to come from? They have non resources: oil, gas, agriculture, steel, mining, forestry... Tell me, he went, from what they are making money to support those economies?

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