Guardian Live: Reports that the FTSE - 100 in the UK fell by 2.6% today, while French and Germans Markets fell between 2% and 3%. Thus the EU Finance Ministers have pressed the delay switch for the next patch of Greek bailout, the markets are tanking, the French/Belgium Bank Dexia could go under, one has to wonder what other banks could be taken down, its misery every day on the Market folks, the Markets want stability, thus the grand plan of 2-3 trillion euros to bring stability to the economic system, the building up of European banks and the managed default of Greece has to be bought forward, an investor would have to be stark raving bonkers to invest in the present market, people can make money in such market, betting on a banking collapse in Europe, but its not nice and not very smart in the long term, if the whole system goes then forget economic growth or major profit for a long time, think 1930s Great Depression but worse, its that bad folks.
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