Berlusconi (Italy) wanted to CLOSE the stock markets worldwide!
That would mean a total collapse of the financial system, NO liquidity and DOW 4000 when the market would reopen. It would mean instant depression, 40% jobless rates, gold $2000 overnight, long term interest rates in double digits, total system meltdown, martial law, riots, ...
Those politicians have NO idea how markets work, they have done EVERYTHING wrong. It's a disgrace.
Me thinks they are going to bring interest rates to 0% on a global scale... for starters.
Don't read when you want to sleep at night.
Saturday, October 11, 2008
The G7 frightens me
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