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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (76193)	7/10/2011 3:28:27 PM
From: Gemlaoshi	Read Replies (1) \| Respond to of 218072

The euro situation is starting to smell a lot like the Asian crisis of 1998, as the IBs and hedge funds "pile on" one PIG at a time, forcing them into the arms of the IMF...and they can do it with trillions of derivative leverage at hand. Right now that trade is almost a "no brainer". This mess will continue until a european Mahathir says "no" to the IMF and World Bank, blowing up the one-sided derivative trades. Then, it REALLY gets interesting as the real PIGS (the TBTF French, German, UK, and US money center banks) are exposed and must be bailed out once again. The Central Bank of China would be wise to stay clear of that mess. Dave