xjo weekend zoomba lounge, page-124

  1. 13,576 Posts.
    "The $14 trillion was known for the last year.
    Euro issues the same.
    Why didn't the markets tank."

    Back on track.. The globe was expected to recover..higher growth was on the cards..THAT DID NOT happen..now the markets are acting accordingly and are starting to factor in a recession ..hence the sell off..god help us when the markets start to factor in a euro default..worse still a global default..

    "For growth the accelerate you need new credit to keep the system going"

    Backontrack..this has been tried..its made things worse..
    To get things back on track..we need 20 years of pain..more so we need to start the whole process again..we need a collapse in the whole system..its sounds BAD..but its the only way, in my humble opinion.
 
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