cebenomic's open, shake out up n over thursday, page-161

jeffo,you nailed it,debts just get rolled over.In ordinary times,interest paid and everyone is sweet.

Debt is the lifeblood of our global (now) economy.Trouble is when the interest flow stops.No income,no jobs,no assets.

Enter the Greek ninja!Once the bastion of culture and democracy,the nation is now,not only fiscally bankrupt but morally as well.Essentially a communist state by many definitions.

Now I am just over them.Excommunication from the Euro zone the only palatable option-back to the drachma and dolce vita.Wrong language? Hell it's all Greek to me:)

I am bullish on Spain & Italy.Having visted all three countries within the past 18 months,I am sure of the former pulling their weight.

Greece on the other hand is a disgrace.Beautiful public buildings graffitied,in essence a country that has lost its way.

Back to the XJO,we should be looking at Asia,I am not the first to say it.Europe is finished as a bloc and should be irrelevent to our stock trading.Guys & Gals,while be watch in morbid fascination the antics in the EU,we take our eyes off the huge growth in Asia,particularly the sub continent of India.

I just wish we could sell Uranium to them:)

Jeffo,there will always be money,just as there will always be a god.Clams outlived their use by date:)