world economy, page-15

This is not a macro probelm Robert B. Greece is about to be kicked out of the EU and the debt crises from the EU is about to go global again and its my opinion Australia is about to get a good dose this time. With the oil glut in the U.S. I think oil is going to take a big hit, lower that where it is now. I extend my prediction of DOW at 12800 and say Im not sure where the bottom is but it could well be a long way from here.
SEA is only a small fish and I think the EU and the oil glut is going to hit it very hard, meybee even back to the 50c range.

I know this is not good news but thats my opinion.

MM