just wait till america has their problems. How can no-one talk about their huge debt levels. It amazes me how every1 including analysts talk down europe and talk up america even though their economy is and will be propped up by money printing. lol
wait till their sh"t hits the fan and watch out. Big deal american corporations have alot of cash on their balance.:
obviously new accounting procedures help, lay-off help, sending their money overseas and paying little taxes and yet sovereigns are drowning in debts which imo are incredibly not sustainable. I hope the market can hold out a little longer and then when it capitulates, it could be nasty. Just remember fundamentally the market is cheap, i agree, but cheap doesn't mean it can't get cheaper because these problems in the world are very hard to solve. Ohh well the market is fickle and may boom for years to come !!
VAL Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
