Saturday, 20 September 2008

Global meltdown continues

This article, that I blogged on last year, in August, was so right.

We are still going through the unwinding of leveraged positions, and suspicion is everywhere.

Global growth will continue to stall, as capital dries up.

Stay in the trenches, and keep your heads down!

Once the US calms, Europe as always, is next to reveal disasters.

Sell the Euro!

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