Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (10263)	10/11/2008 7:06:31 PM
From: robert b furman	Respond to of 33421

HI elroy, The UK and EU banks are levered more then the American investment banks were.American investment banks are a small subsection of community/depository banks which by law were restrained to a max levering of 12to 1. Foreign currencies are all about being valued in a relative way. Emerging markets must either go up big or the economic slowdown will permeate all corners globally. IMO Bob When all the negative doomsayer trash the buck,it will be a super performer after the truth of other banks is known - in a relative way. If you think the USA will be slow - UK and EU must get a grip for real regarding their future. In 2001 we traveled Ireland - well into a huge realestate boom.After 9/11 the USA went into a recession.This didn't impact the UK or EU nearly as bad.Their real estate markets continued to blow off. That being said our legislature passed many minority favoring laws that allowed this circus to perpetuate itself. They al;l blame the greed of wall street - the best defense is a strong offense. JMHO Bob