the markets seem to belive this theory. europe and england is being forced to sack everyone. especially greece. ive noticed with the recent european company reports that the private sector is sacking everyone to. you dont have to be einstein to know that europe and england,after the olympics for england, will have a massive unemployment problem. europes little plan of sacking everyone isnt going to work. im not the only one who sees this. ive noticed from the pay tv business channels. the big guys are often stating they havent caused this new year rally. if its not the big guys then who is it. hedge funds like blackrock? this new year rally has been on low volume. europes got to come up with a plan to fix the problems. create employment etc. they have no such plan yet the markets are rallying anyway. the year ahead with probably unemployment problems isnt looking pretty.
