demacrocy v.s. banks 11/02/2011 11:40
What if the people in Greece vote for default?
OMG, the bankers have demonstrated to the world who are the bosses again.



The Greece default process has started. This is a replay of the Lehman Brother moment, albeit at a larger scale.
Run for the hill if you have not done so already.

Run for the hill if you have not done so already.

The bankers show their forces again in Italy today.
Last chance to sell.

Last chance to sell.

Debate in EU is at least 10 times more interesting than the debate in US congress.
Market on drug one more time. It must be the 200 occurences this year that the market rallies based on "solution" in EU.
This market will crash harder than I originally expected for this month. 9000 Dow may not be the bottom.

This market will crash harder than I originally expected for this month. 9000 Dow may not be the bottom.

Big Ben prints money, gives it to his friends. His friends use the money to corner the EU countries. EU goes bust, then Ben's friends will realize they have to take a hair cut and therefore will go bust too as a result.
It is interesting to see how Ben and his friends will unwind their gigantic short positions without creating an inflation shock.
Dow 13500 is coming. Oil will go to at least $120 by the end of the year. Blame Iran.

It is interesting to see how Ben and his friends will unwind their gigantic short positions without creating an inflation shock.
Dow 13500 is coming. Oil will go to at least $120 by the end of the year. Blame Iran.


Time to buy.