ES Journal Archive (2011)

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Quote from ammo:

don't know who can buy homes if the banks won't lend, http://www.tradingeconomics.com/italy/unemployment-rate unemployment on the rise like here so tax base is diminished and growing,luxury goods tax, who knows what that amount is,wild astronomical bet 1 billion,population 60 million,force people to work longer save on pensions,maybe 5% of population(wild guess) saying 30 billion is astronomical b.s. number..phony news article,like most comimg out of europe,will be retracted,reduced,negated,never agreed upon,but we got an after hours 20 point push in the spus
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All the recovery plans are BS to stick it up to the disappearing middle class.

From what I've personally seen (take it with a pinch of salt), Spain and Italy are toast.
 
wasn't aimed at you josh,just ventng, it's legal i guess to just print false story's from all govt's tied to dollar ,euro,major banks and manipulate all major news venues, the market,and profit from it,in the meantime all these banks,countries keep using this ruse to raise debt owed to each other, the citizens of each country and the citizens don't have a clue what they are talking about or why they are signing i.o.u.'s for us,in the end none of this debt will be payed,in the interim the banks will collect hundreds of millions daily in interest off the top
 
Quote from JoshDance:

Just quoting the article--like you, everyone's guessing at this point. No one knows anything for sure.
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It is ridiculous guys, they are just throwing in measures testing the water at the people's expense. Currently Italy and Greece have un-elected ex-Goldman Sachs governments, who try to serve the banks' and higher-class interests with austerity measures that don't make any mathematical, economic, social or political sense.

It is a complete joke and a time-bomb... this is not sustainable and it is best if it explodes sooner than later. Right now all they do is damage control for the bank's interests.

Mkt goes up, i read risk-appetite has returned. The next day the mkt goes down, i read that risk-aversion due to the European crisis has driven the futures lower and spreads higher. And this complete joke repeats day after day for the last year....:confused:
 
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