SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 496.02+0.3%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: elmatador who wrote (72862)4/7/2011 8:13:31 PM
From: Maurice Winn1 Recommendation  Read Replies (2) of 219869
 
Iceland, Portugal, Ireland, Greece, Spain ... Italy, UK, Germany... there is quite a row of dominoes... USA is not looking great if it was an actual corporation and not so good even as the world's sole Superpower, which is starting already to seem a somewhat jaded anachronistic expression when the Superpower citizens are using words like "frugal" and "broke" as a normal part of conversation and mortgagees lay claim to houses by the million.

Meanwhile, quietly ignored with high interest rates and soaring $kiwi, NZ is building debt at accelerating pace with no visible means of support other than a bunch of farmers and a mobile cyberspace investor whose dividends provide some incoming money but not enough to support millions of dole bludgers. Shorting NZ$ at US77c seems a pretty good bet, though I have been waiting for reality to dawn for a long time and perhaps it won't until US interest rates rise and the Wile E Coyote over the economic cliff suspended animation effect in NZ turns to a plunge into reality.

Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext