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

To: Golconda who wrote (63999)	5/31/2010 8:34:26 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217749

G - it does not matter my point is that restructuring sovereign debt of Greece or Portugal NOW it will serve no constructive purpose except enriching the likes of Hugh Hendry, Soros , Weiner GS, MS, C and the list goes on. The PIIGS are taking corrective measure to lower their budget deficits as opposed to the US for which merry days of debasing the USD and more borrowing are going on. Let the abrasive speculators loose some $$$ and then their appetite will diminish as will their ability of launching another assault on another sovereign country. As the US is in no much better shape than Spain - just imagine the horrendous damage those speculators could inflict on the world economy and destabilizing the world financial and banking system. Some times is better to think of the consequences of your wish. Would you like to go back to the days when everything was ordered by decree? Like the freedom to own precious metals for example? en.wikipedia.org IN principle there is nothing wrong when the markets force countries to take austerity measures if their budgetary spending are out of whack, but it is a complete different matter when a country takes the right steps in correcting the spending ways and tries ot recover from the spending binge. Therefore in the US they legislated Chapter 11 – so the creditors cannot go for the kill of a corporation and give the company a chance to recover. Hendry in his appearances wants to go for the “kill” for the sole purpose to enrich himself and his investors and this is extremely selfish and is a bit too much IMHO - as at the end the IMF will need to foot the bill and those are yours and my tax money

To: Golconda who wrote (63999)	5/31/2010 8:42:49 AM
From: elmatador	Read Replies (1) \| Respond to of 217749

Those not able to gorge on Europe´s misery salivate for a collapse in Asia for them to prey on. They dream of a collapse where the Chinese government dump load after of of USD foreign reserves on them. FED sits on the sidelines praying for that to happen and prop the USD and avoid a hike of interest rates. It's been always like that: fleecing to keep standard of living high. This time is not going to happen.

To: Golconda who wrote (63999)	5/31/2010 8:43:24 AM
From: Haim R. Branisteanu	Respond to of 217749

(Reuters) - China warned on Monday that Europe's struggle to contain ballooning debt posed a risk to global economic growth, raising the specter of a double-dip recession. China Premier Wen Jiabao, addressing business leaders during an official visit to Japan, issued his warnings a day after France admitted it will struggle to keep its top credit rating and days after a downgrade of Spain's credit status again jolted financial markets. reuters.com