Showing posts with label the great unwinding. Show all posts
Showing posts with label the great unwinding. Show all posts

Friday, October 24, 2008

The Great unwinding

It becomes very likely that:
they will close stock exchanges around the world
they will close banks
they will cut rates on a global scale to 0%

not so likely but a possibility
the system implodes and that all that paper money becomes worthless
OPEC will stop producing oil until the currency markets stabilize