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Someone from CNBC said SP500 to drop to 700 ... OH, my.
江南有丹桔,经冬犹绿林。 岂伊地气暖,自有岁寒心。 可以荐佳客,奈何阻重深。 运命唯所遇,循环不可寻。 徒言树桃李,此木岂无阴。
“In reality we are continuing with the policy of creeping fiscal union and kicking the can down the road, hoping that somehow growth with magically appear and bail out all heavily indebted nations. I think such hope is extremely misplaced. This latest bailout relies on the market not calling what I see is a huge bluff, because if the market does call it, the bailout simply won‟t be credible or even deliverable," he added.
江南有丹桔,经冬犹绿林。 岂伊地气暖,自有岁寒心。 可以荐佳客,奈何阻重深。 运命唯所遇,循环不可寻。 徒言树桃李,此木岂无阴。
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