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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (94305)	2/16/2009 5:58:36 PM
From: John McCarthy	1 Recommendation Read Replies (1) \| Respond to of 116555

My 2 cents is - Germany leaves France leaves and the rest just "hang-out" whatever their status-quo - there is nothing they can do ... they are like bodies from the Titantic that couldn't find a lifeboat. Secondly, some type of "communist party" or "labor party" or "whatever party" show up and gain popularity. Thirdly, once (2) happens - protectionism kicks in - esp. here in America. Finally, ain't Ben on the hook for $600 or $700 billion with the soon to disappear ECB. Something about some kind of swap thingies? Forgot - finally, finally when China wakes up and discovers it has nobody to trade with - and concommitantly uses up 99% of its foreign reserves trying to find an internal domestic production equilibrium - thats when gold goes to infinity - at least for a moment. regards John