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

To: Hawkmoon who wrote (110848)	4/23/2010 8:47:02 PM
From: valueminded	Read Replies (1) \| Respond to of 116555

Yes I agree. I suspect that this will be the final nail in the European economy. Might take a while, but outside of Germany, it is in big trouble. On another note, I have to admit that I was favorably impressed with Spain as I had to rebook backup plans and fly out of Barcelona. Seems like they were one of the few airports with any sense.

To: Hawkmoon who wrote (110848)	4/23/2010 9:49:20 PM
From: Proud Deplorable	1 Recommendation Respond to of 116555

"And since most of the PIIGS are countries that are tourism dependent, that's going to put increasing pressure on their debt, as well as encouraging CDS speculation." and since the USA is nowhere near as good a tourist destination as Europe I think people are going to take advantage of industry discounts and head for these countries which were not even affected by the Volcano. Of course Americans can't go anywhere though with their toilet paper currency so they'll just stay home and go see the fake Eiffel Tower. America is a joke. For a better holiday Americans can afford to go to drug cartel infested Mexico and at least see something other than main street USA everywhere you go. Better yet, hey Americans, stay home broke and uneducated about the real world.