Quote from ASusilovic:
The plan is to go short Market On Close (MOC). It´s good to make money, but the underlying problem in Europe is still not solved. Recession will come.
Liquidity swaps? Just fine for headline grabbing fund managers.
Tomorrow reality will set in - like usual.
As you have mentioned there are several structural problems in the system:
In my view: jobs, debt, deficits, politics, ...
Simple steps to concentrate on:
- people will be happy to get job but they have to realize that we cannot all work in public sector
- we need to print money to decrease overall debt but they have to do it slowly in steps
- government cannot have deficits greater than lets say 60%
- today's growth should be driver of the potential deficit not other way round
- there is a need for a systematic change in greedy politics
- regulators should stop harassing banks with crap
- involve extra rich in development without renumeration benefit
etc.
I should be polititian, ;-).