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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (4400)2/13/2020 5:00:22 AM
From: elmatador  Respond to of 13787
 
Coronavirus used as escapegoat.

Let's see. The new Coronavirus is an excellent scapegoat for cleaning up all kinds of bad developments. Overzealous growth rates in China - check. Traders portfolios under strain - check. Wanted to cut your presence in some countries - check. Do that impairment that has bugged you for years - check. Many of those won't produce a quick rebound. The world economy and most of all the Chinese economy are white-hot and need a cool off. Coronavirus or not. We have not cleaned up the mess from 2008 yet. We wont now. But rebound? Don't hold your breath.

Let's all call Force Majeure due to Coronavirus to cover the cock ups...

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