chinese to bail out eu again! :), page-5

Hey Deet

Mate you dont have to worry about the US defaulting!

They will play politics then increase the ceiling promising to cut this expenditure and increases taxes on that sector of the economy.

And they will do this because if they dont, that $14 trillion they spent to save the US economy will all be for nothing.

The same financial and social instability and chaos that they avoided by saving the US Financial system will come back to haunt them!

They will come through with the goods, same as EU sorting out their debt restructuring and to be honest the same reason the Chinese pumped $850Billion into their economy and lent out over $1.5Trillion through their banks in 2008-2009. For social stability.

From Bernanke, to Hank Paulson to the head of the EU and World Bank all know what caused World War II, the Great Depression. And they will do everything they can to stop another Depression, which is where we were all heading if it wasnt for the Trillions of Dollars and Yuan and Euros that were pumped into the world economy!

Give it a month and these debt issues will recede and the market will begin to lift, because by then China would have stopped the need to continually lift their interest rates and reserve ratios, since inflation by August will start to come back to their target of 4%, and Japan will start their $200-300Billion spending spree for raw materials to rebuild Norther Japan after that terrible quake and tsunami.

Then everyone will be raving on about the Materials and Energy Sectors and how "everyone must be exposed to these sectors"

The smart thing to do NOW is the get in before everyone else and enjoy the ride up!

SDL is in an incredibly prosperous position.

Hopefully the families of those tragically lost get to enjoy what their loved ones were working so hard on.

We are almost 12 months since that terrible plane crash.

I wonder how SDL Board and Management will mark this event on June 21st?

Nectar