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February 2009

Recs

5

The Final Nail?

February 18, 2009 – Comments (1)

I keep thinking, what would be the final nail in this market's coffin?  I come up with 2 possibilities.  One, the banks get nationalized, or two, I read the morning headlines saying the autos went into bankruptcy.  I don't think either will happen, but I am at the point where I feel just do it and get the pain over with. I really don't want to see people get hurt, but I don't want to torture folks either. I see the transformation in the works (namely the ramifications of the aging of America), but I honestly don't understand why this has impacted the entire globe as it apparently has.  I thought the Eastern Europe block and Far East had separate legs for growth, but apparently not.  [more]

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