Yep u said it JackpotCash is king in a financial crisisthere are...

Yep u said it Jackpot

Cash is king in a financial crisis

there are many companies out there right now with cash to burn

When GFC2 hit the cash they have will probably be their share price

Keep this conversation in mind ... within a few months we will see who is right :)

Rather be in cash when it hits and buy 2-3 times the number of shares at lower prices and hold and wait for the bounce.

'ECB has expanded its balance sheet by an incredible $1+ trillion: more than the Fed's QE 2 and QE lite combined (and in just a nine month period).

The two largest interventions were the ECB's LTRO 1 and LTRO 2, which saw the ECB handing out $645 billion and $712 billion to 523 and 800 banks respectively.

As a result of this, the ECB's balance sheet exploded to nearly $4 trillion in size, larger than the GDPs of Germany, France, or the UK.

This rapid and extreme expansion of the ECB's balance sheet (again it was greater than QE lite and QE2 combined... in nine months) indicates the severity of the banking crisis in Europe. You don't rush this much money out the door this fast unless you're facing something very, very bad.
In simple terms, the Fed's hands are tied and the ECB is out of ammo. The End Game for Central Bank intervention is approaching. And it won't be pretty... First Europe. Then Japan. Then the US. The Debt Implosion will spread throughout the global financial system.'