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

To: TobagoJack who wrote (91825)	6/23/2012 7:45:59 PM
From: carranza2	Read Replies (3) \| Respond to of 217561

We must keep things to their simplest essence. Re Europe, too much debt, Greece owes Spain, who owes France, who owes Germany, who owes italy and Spain, etc., ad circular infinitum, too much money none can pay. no amount of bailouts can fix bad banks, bad bonds, bad currency, bad fiscal policy, bad bureaucracy, etc. Piper must be paid. Thus, short euro. Ridiculously overpriced at present. Global contagion? I think so.

To: TobagoJack who wrote (91825)	6/24/2012 9:55:54 AM
From: elmatador	Respond to of 217561

Costs rise for Europeans as emerging markets bid high for the available resources. Their economies dependent on transforming imported inputs into be sold inter-EZ countries no longer viable. Their economic model is not sustainable.

To: TobagoJack who wrote (91825)	6/24/2012 1:07:49 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217561

BIS Warns Unemployment Might Stay High In Spain, Ireland and US 24-Jun-2012 By Todd Buell The U.S., Spain and Ireland could all face a lengthy period of high unemployment due to structural imbalances, the Bank for International Settlements warned in its Annual Report published Sunday. The Basel-based bank said a sharp economic downturn coupled with sectoral imbalances represent "the worst possible mix for labor market developments in the coming years...[this] is the prospect that Ireland, Spain and the United States now face." In Spain, unemployment is near 25%, while in Ireland it sits at slightly over 14%. In the U.S, the most recent survey showed unemployment was at 8.2% in May. The relatively high number of people looking for work in the U.S. is shaping up to be a major issue in President Barack Obama's bid for re-election in November. The bank said all three countries experienced an unbalanced downturn followed by a weak recovery. The tepid rebound explains why unemployment has remained so high in these countries, the bank said. "Looking forward, this combination of large sectoral imbalances and a tepid recovery could set the scene for a prolonged period of high unemployment," the BIS wrote. Write to Todd Buell at: todd.buell@dowjones.com

To: TobagoJack who wrote (91825)	6/24/2012 3:11:23 PM
From: GoldBull no bug here	Read Replies (2) \| Respond to of 217561

TJ - looks like a "major Wall Street bank" is in trouble. Avoid the lines and panic first. Jim Sinclair’s Commentary There is a big problem brewing again in the OTC derivative market. A major international financial auditing firm is currently involved in a massive project on Wall Street that presently has over 900+ consultants involved, which is massive and beyond even the size/scope of the Fannie Mae restatement several years ago. They’re grabbing any senior financial analyst and software expert that they can to help this "unnamed" major Wall Street bank calculate valuations for a suddenly devaluing portfolio of Credit Default Obligations that they have heavily invested in. This auditing firm is charging nearly double their normal billing rate and is getting it, no questions asked.