Did anyone else just catch Roubini smash the cnbc crews usualy optimism, lol, it was sensational! They couldn't respond to him and went to break.
All in all the US is heading for a recession 3 times as long as the 2001, it is on the brink of a U shaped and L shaped, and cash is only safe.
Interesting was his comments on the "hard landing" in China, another 30% off their market. This will hammer the asx. Time for cash and buying gold on the drops for this black duck
Try and get the video of www.cnbc.com if you can, its a nice segment
CK
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