MAP you were right burnt++ My problem is the old engineering side of me cant fathom money?! When I was young we spent the cash we had no credit cards and house loans were difficult. Only bought my first house age 39 then ended up with 4 and now sold 3 few years back. The G20 has this growth mandate and the propaganda from our TV and govt has started. ps I know propaganda was in South Africa until 1989 - we knew NOTHING except what they wanted us to know we only got TV in 1978 when I had finished engineering! The problem as Einstein says is compound interest is the most amazing thing. How long can people/ govt increase their borrowings to consume? Is it good?+ Its like this story of needing more people for growth and to look after us when old. Funny but Greece has 61 % unemployment under 25 and 26 overall, The countries that have had VIRTUALLY no population growth are the scandanavian countries look at Norway Finland Sweden Denmark, my folks were Danish and emigrated to S Africa. They are exceptionally well looked after. Norway insists refugees send their children to child care from age 2 ELSE no benefits and money (economist). So after my rant think its time to pull my head in and take the money off the table and take a break from the market like I did 1986 to 1992. Will hold my Harvey shorts for now and ? lose my cash for CFD's then Im out! Keeping my proper shares in AWE (only share).
