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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (43388)11/23/2011 3:47:32 PM
From: ggersh  Read Replies (1) of 71475
 
Well that makes for a shitty flight
across the pond, it's coming. -nfg-

Goldman's Sigma X Hints Who The Next Contagion Target IsSubmitted by Tyler Durden on 11/23/2011 - 15:12 Germany Gross Domestic Product Italy Sigma X Sigma X United Kingdom

Five months ago, when Italian yields were still tame in the 3% ballpark, and not 7% where they are today, we suggested that based on trading patterns and overall volume in Goldman's dark pool, Italy may be about to experience a "Greek episode." Days later we were proven right as Italian yields and spreads started their relentless move wider, with only those who had access to Sigma X being able to get an advance whiff of what was about to happen. Well today we are happy to report that the German diversion may have worked: the truth is that nobody appears to care about Germany. Instead what everyone does seem to care about, is the nation with the greatest combined debt (government, corporate and household) to GDP in the world. Yup. The UK.
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