"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Monday, July 23, 2012

GLOBAL ECONOMY CREEPING TO A CRASH

EURO CRISIS DEEPENS.

UPDATE: MOODY'S DOWNGRADES GERMANY'S OUTLOOK.

EURO NEARS AN ALL-TIME LOW.

HANG SENG AND SHANGHAI MARKETS IN SHARP CORRECTION:
                                                                
Nikkei 225 JAPAN8,489.58
DAY –0.22%MONTH –3.51%YEAR –16.21%
Hang Seng HONG KONG19,053.47
–2.99%+0.31%–15.11%
Shanghai Composite CHINA2,141.40
–1.26%–5.28%–22.72%


ALL IT WILL TAKE IS ONE "UNEXPECTED" TRIGGERING EVENT FOR A STAMPEDE.

PERHAPS AN OLYMPIC MEGA-TERROR ATTACK, OR WAR WITH IRAN.

STAY TUNED...

2 comments:

Always On Watch said...

I see no way to avoid the coming economic apocalypse.

Reliapundit said...

WE CAN GET BY OKAY.

ALL WE NEED TO DO IS ELECT ROMNEY AND OPEN UP OUR ENERGY RESERVES.

WE WILL HAVE A RECOVERY EVERY BIT AS GOD AS THE ONE REAGAN GAVE US.