Not a sign of a global economy that is heading into the abyss. People draw comparisons between now and The Great Depression without recognising how the world has changed since then. We live in a global market and things move much faster now. I fully expected Italy to come to the forefront at some stage, but not until 2012; this is a real example of the speed at which events now move. I believe the markets are going to be tough in the near term (12 months) but always remember that things are always darkest before the dawn and we need to be ready to take advantage. By the way I think the current time on the investment clock is about 3am AEST.
