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Global Economy Bursting?

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Huh? I guess you have a reading problem. I did quite well investing about 10% of my money in a similar investment, but 10% of my money is no where near a billion as I stated. If it was i would have not hesitated to invest it that way. The idea that inside information was need to make such an investment is ridiculous.

Tomorrow I plan to put that money in a few choice stocks. Nothing like some nice panic to make good buying opportunities.
:laugh: just pulling your leg.
 
It's the Tea Party's fault.
Yep, it is their fault, and also both of those
Bush guys, and Ron Reagan, Dick Nixon, & Ford.
Oh yeah, and don't forget Obama, Clinton, Mr. Peanut, LBJ, JFK, & LSMFT.
Do you think Nancy Pelosi & John Boehner had a hand in it too?
.
 
Japan's Nikkei Average futures fall 4.4% on SGX in premarket trade, tracking U.S. meltdown
 
Hong Kong stocks tumble at open, tracking global sell-off; Hang Seng Index down 5.8%
 
Market Crash Is Continued Liquidity Panic

Will we get the same Fed reaction we got in 2008?
 
No Chance of Default, US Can Print Money: Greenspan

http://www.cnbc.com/id/44051683

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press. -- I hope everyone at home is comforted!

I am sure that comforted foreign economies, foreign governments and investors to hear the one time Fed Head trumpet such glorious news.m2:
 
There was an interesting story in the local paper yesterday that puts some things in perspective. The local hospital in this city of around 47,000 has had serious problems. They hired a new administrator last year and yesterday he issued a report to the city council on progress the hospital has made in the last year.
Get this number: He reported that in this one little town and this simple 400 bed hospital that last year they lost $26,000,000 by being shorted by medicare and mediaide by that amount. over 60% of patients locally do not pay a dime for their care.
This company bought the hospital about 5 years ago for $50,000,000. That is mind boggling. Can you imagine what the number is nationally?
 
chart.jpg


An Ominous New Phase In The European Crisis?

Read more: http://www.businessinsider.com/germ...To Know Before The Opening Bell#ixzz1UXHZsN6a


Germany's default risk is rising. The reason? The UK can print pounds and Germany can print marks but Germany is on the hook for euros, which it can't print and the euro is backing the ECB and all of the European Union.
 
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