Seeking Alpha

"The buildup of debt worldwide took place over years - now the market has decided this is a...

"The buildup of debt worldwide took place over years - now the market has decided this is a problem in real-time," says Jeff Gundlach at the Ira Sohn conference. Deficits DO matter, he continues, and are now causing social unrest in Europe. "Nothing like a hot summer when 1/3 of the under-25 crowd have nothing to do but throw Molotov cocktails."
Comments (1)
  • into dark shadows
    , contributor
    Comments (322) | Send Message
     
    Hey Pal!
    You cannot give people,(across the pond) cradle to the grave benefits for free and all kind of "Social Fairness" and not requiring the multitudes of people immigrating to get said freebies to become part of the society!
    No, instead the "Fabian Socialist" model is finally collapsing under the weight of this "Progressive Lite"(on our side of the pond) nightmare!
    People need to take responsibility for themselves and shrink government world wide!

     

    There is no way this ends well!
    The deleveraging will take decades to undo!

     

    This problem has taken 50 years or better to get to this stage, you think Bernanke or any other plutocrat can solve it with a wave of QE?
    Japan would be whole and the strongest country on the face of the earth for the past two decades if it were as simple as that!

     

    Instead Japan is a bug in search of a windshield!
    16 May 2012, 03:34 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|