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Politics : President Barack Obama
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To: ChinuSFO who wrote (115402)6/14/2012 10:07:33 PM
From: RetiredNow  Read Replies (1) of 149317
 
Just calling it like I see it. And btw, it's the BBC and other major news media that are saying Greece may be on the verge of leaving the Euro after Sunday's vote. Why do you think the world's central banks have contingency plans for such a scenario?

Look around you. If you think things are looking rosy, then you may have some rose colored glasses on. I'm not calling for the boogeyman to arrive. He's already here.

And yes, I believe my POV adds value here. If I didn't post, then I'd think the views would be decidedly all about happy talk and many more people would be at risk of mixing politics and investing and perhaps lose 40% of their portfolio again, just like in 2008-9. So I feel compelled to show that there are risks out there that must be considered and that the current administration's policies, combined with the global macro picture make for a very bleak vista.
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