To: posthumousone who wrote (28686 ) 7/12/2011 8:45:02 AM From: LTK007 7 Recommendations Read Replies (5) | Respond to of 119362 Italy is far far bigger a matter than Greece. It has the 7th largesr GDP in ther world. Greece is drop in the ocean as compared to italy. Kumar in January predicted the U.S. market would have a massive sell-of when both Italy and Spain get ito default THIS YEAR--he said this in January, 2011, and what think SMHF in August 2011. The matter of Italy and Spain be O.K!. has been nothing but systematic lying no different than Lehman Brothers insisting they had no problems they coudn't handle. One law of Financial World is where there a whiffs of smoke followed by those at center saying all is O.K, you know there is raging fire in the basement. We are getting closer and closer such that there that even imaginasry money can NOT hide matters are crumbling. Are you of the tejek school of Bullish posivitism???? Or of those that think they can forever shakeoff with the creation of make believe money the fact we are headed to a inevitable collapse???? Italy, i repeat, is MUCH bigger matter than Greece, much bigger. Another red flag is Cisco's announcing they are laying off 10,000 employees in a battle to keep their stock up, by unloaded workers.(Corporations addiction to earnings at all cost is another key to the catasrophe ahead--i say 3month to one year now, reality arrives with a vengeance Companies profits have been rising by mutilation of any benefit for the overall populace. i will repeat Keynes wise statement, "Any Country that has become DEPENDENT on the level of the stock market to be the foundation of its economy is DOOMED. i promise in time you "ah no problem", will not be saying the same when this Ponzi Scheme finnaly cracks. Those with patience, and see where this is heading, are the the smart ones. You seem to think a rank ruse can go on forever. Well good to you. Bernanke maintains he is at maximum accomodation to the stock market, meaing PPT is fighting all along as THEY KNOW a market collapse is END GAME, and they lost--it will lead to heads, as they say, rolling.Max (PPT is been at work since SPX500 futures hit 1303 around 2 a.m.--now 1314--- all BS action-- it will NOT work forever .Max