You do realize it's based on the fact that Greece is going to default sometime in the near future,
Variant Send a noteboard - 09/09/2011 10:28:03 PM
Just saying..... 
Credit-default swaps insuring Greek sovereign bonds jumped 212 basis points to a record 3,238. The ECB's top economist has resigned today and Germany was reportedly preparing to safeguard its banks. If Greece falls, it will effect Portugal, Ireland, Spain and Italy as well.
This isn't a game, we're facing a dangerous situation in the global economy that will have ramifications not just in Europe but in the United states as well. This may not get as bad as what happened after Lehmans, but that's not saying much.
Obama gives huge speech about jobs...next day, Dow drops 300+ - 
- 09/09/2011 07:29:46 PM
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- 09/09/2011 07:29:46 PM
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You do realize it's based on the fact that Greece is going to default sometime in the near future,
- 09/09/2011 10:28:03 PM
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And Italy, and the euro is going to collapse. It's up to 0.73 eurocents to the dollar.
- 10/09/2011 01:14:08 AM
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The euro certainly is not going to survive in it's current form.
- 10/09/2011 11:04:48 AM
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I agree (after taking out the superfluous apostrophe in your subject line).
- 10/09/2011 05:46:45 PM
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In all fairness, Germany also bears responsiblity. (I meant to press the period key)
- 12/09/2011 12:47:53 PM
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Not that my previous statement changes my opinion that Obama is a terrible leader.
- 10/09/2011 01:15:20 AM
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Nah, it's because I needed the dollar to strengthen last week. *NM*
- 12/09/2011 12:30:13 AM
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