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  • Wall Street Breakfast: Must-Know News [View article]
    We're going to get the same old political rubbish soundbites from the G20 meeting, telling us our great leaders have eveything sorted and recovery is there, just a few more [time periods] (enter your choice within the brackets) for the slow recovery to give way to a wonderful new start and milk and honey and roses.

    Meanwhile the same old bad debts on personal and commercial property, car loans, personal loans, credit cards etc. will get worse, especially as prime loans are now renaging along with sub-prime.

    The sub-prime minister of the UK, where this meeting is to be, will deny he had anything to do with al-Magrahi's release, and be photographed shaking hands with, and no doubt cuddling, Obama, and everyone will enjoy top quality accommodation and dining.

    We will continue to wait for the big correction that will take out all our recent stock gains, and muse about how much taxes will go up in the future to pay for the bail-out and the G20 attendees' pleasure trip.
    Sep 03 15:58 pm |Rating: +2 0 |Link to Comment
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