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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST
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To: Haim R. Branisteanu who wrote (69484)12/13/2010 10:29:13 AM
From: elmatador  Read Replies (1) of 218631
 
The vicious cycle of austerity, declining GDP and worsening debt ratios means that there will be no self-correcting cure for the malaise in debt and equity markets.
In the absence of debt reduction, the 2010s could become a “lost decade” for some eurozone countries, much as the 1980s turned out to be for Latin America.

ft.com
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