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October 23, 2011: The Next Big Day of Reckoning
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Eggcellent:MV8xNjc5NjIwXzI3NzU5MDA5XzM1NzBCNEUz] [quote:blackgrass:MV8xNjc5NjIwXzI3NzU4Mjc5X0MxMDk5MTJG] Greece is borrowing money from other broke countries for gods sake. It is is amazing to me how people cannot see what is happening, right now, before our eyes. Just the thought of these "leaders" of ours, blundering about, some with the best of intentions, trying to get this flea-bitten, mangy, old donkey of a world economic system of ours walking again makes me laugh. [/quote] ....And don't you ever wonder just WHO will show up with a fresh, young, Thorobred race horse to replace that mangy old donkey? :popcorn: [/quote]
Original Message
This coming Sunday, October 23, will go down in history as one of the most important days of the 21st century.
On that day, the leaders of 27 European countries will meet. They will announce a new master plan to save Europe. And then they will pray.
If their plan is not good enough, U.S. Treasury Secretary Timothy Geithner warns that Europe — and the entire world — could face “cascading default,” “bank runs,” and “catastrophic risk.”
[
link to www.moneyandmarkets.com
]
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