world economy, page-51

LUAP
If you read about why the DJI surged 265 points or so it is because of pure specualation that the Fed and other world banks will indulge in another round of stimulus spending, in other words print more money. This is the worst thing they could do! The whole thing balances on wether the EU can contain its debt. It cant there is not enough money and the countries that are recieving these bailouts cant pay that much back. There will be defaults otherwise the whole EU will go broke.

Nothing has changed only the hope that banks will print more money, this is just a quicker road to financial problems.

Watch in a week or so the negative spin on this will come out.

MM