does anyone believe that america has just fixed itself over the past few months. the economic numbers are suggesting this. i believe this hasnt occured and the numbers will deteriorate again very shortly. markets seem to believe that portugal and spain have fixed themselves miraculously as well. this hasnt occured as the riots in spain showed last week. they have depression level unemployment levels. i could be wrong but the economic numbers out of america and the austerity driven economic numbers out of europe should start to deteriorate again. especially the unemployment numbers. why is the american stock market just off its all time high. nothing has changed from the gfc. out of control traders,bankers etc are still in the markets causing havoc with their new post gfc trading instruments etc. europe is trying to control their financial system but america is not. the writing is already on the wall for what is eventually going to happen to the american markets. a complete disaster is on the cards.
