Yes
Holding any stocks in this climate is brave. Its not fear driving people to sell its commonsence. If europe implodes then China will follow then the Australian boom will be over. Add Gillards insane mining and Carbon tax and you have the final nails being driven in.
Demand will not be there. The oil, gas, iron ore etc will stay in the ground till another day.
The socialists around the world have right royally screwed it all up.
Time for the reset too begin . Anarchy to follow and from the ashes a new conservative era of fiscal responsibility.
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