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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (43536)12/6/2008 1:20:54 AM
From: koan  Respond to of 217712
 
I do not get the feeling anyone knows where this is going or what to do. We all know Europe has a big problem (for said reasons) and Germany especially. England on the ropes.

Currencies falling helltor skeltor. I think in our minds eye we can see the cards as they fall and see some of what else they are going to take down with them as support is pulled out from one person and business after another.

Japan remans an enigma. Pakistan is a basket case. Russia is in big trouble and more dangerous thusly. China is a wild card. Argentina on the brink.

The world financial community needs to get real smart, real quick.



To: TobagoJack who wrote (43536)12/6/2008 2:00:00 AM
From: elmatador  Respond to of 217712
 
Brazil still at 13.75%. Europeans close to being out of options. With interest rates at these lows — 2 percent for Britain, 2.5 percent for the eurozone — there is not much cushion left. Stimulus packages will help to spur some economic activity, but should pessimism persist, the Europeans would have no other orthodox options. Japan, where interest rates are currently at 0.3 percent and borrowing is effectively free, has been in this position for years and has yet to find a way out.

Last time Brazil dropped to 11%, economy heated up com gusto.