ECB announces BAILOUT -- EUROPE STOCKS UP, DOW poised for MASSIVE RALLY | |
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Survival Supply Industries User ID: 1463082 United States 08/08/2011 04:58 AM Report Abusive Post Report Copyright Violation | okay.... and that's why dow futures are down 172 and gold is now trading at $1705.00. it's you delusion, man... you can see it anyway you want. Last Edited by Survival Supply Industries on 08/08/2011 05:05 AM "Man has evolved barely an inch from the very slime that spawned him." "It is better to have a gun and not need it than to need a gun and not have one." [link to survivalsupplyindustries.com] |
Anonymous Coward User ID: 1286880 Australia 08/08/2011 05:02 AM Report Abusive Post Report Copyright Violation | News of bailouts are what have SPOOKED markets. BAILOUT = COUNTRIES IN DEEP TROUBLE. When a bailout is announced, it means that a country (or several of them) are economically paralyzed. Markets will not react to this in any meaningfully positive way. I guarantee you that. Even if they gave $999 trillion to every country on the planet, that just means it's an extreme measure for an extreme time. It means people start wondering WHY a bailout is being given. More importantly, people begin worrying that TOO MUCH MONEY (IE. BAILOUTS) is being thrown at a SYSTEMIC problem. You cannot solve SYSTEMIC problem by throwing money at it. See Argentina, Zimbabwe and now America for proof. |
Anonymous Coward User ID: 1090326 Germany 08/08/2011 05:15 AM Report Abusive Post Report Copyright Violation | News of bailouts are what have SPOOKED markets. Quoting: Anonymous Coward 1286880BAILOUT = COUNTRIES IN DEEP TROUBLE. When a bailout is announced, it means that a country (or several of them) are economically paralyzed. Markets will not react to this in any meaningfully positive way. I guarantee you that. Even if they gave $999 trillion to every country on the planet, that just means it's an extreme measure for an extreme time. It means people start wondering WHY a bailout is being given. More importantly, people begin worrying that TOO MUCH MONEY (IE. BAILOUTS) is being thrown at a SYSTEMIC problem. You cannot solve SYSTEMIC problem by throwing money at it. See Argentina, Zimbabwe and now America for proof. Exactly. And what is a one-day-rally in a not-going-away crisis like this: a very bad joke. |