Thursday, May 6, 2010

Greek Chaos!

Scary.....



Edit:


Yikes! Greek government just past the austerity measures and the mob is now growing.

5 comments:

Anonymous said...

At least they don't say "Thank you!" when their government is telling them to bend over like the Americans do. :-)

Jeff said...

Anon

I know. I hope that when our social benefits start getting cut this country will finally wake up.

Right now the sheeple over here are too busy watching American Idol.

Sad. Whats happening over there will eventually end up here.

MArket is down again today. I think many are worried this debt contagion could end up over here in the US.

That being said, treasuries are acting well behaved but I think its being propped up artificially as money flows over here from Europe.

Shorting treasuries will be an awesome trade very soon as they rise as a result of the Europe chaos.

I plan on taking a big position here in the near future.

Anonymous said...

It just shows you how quick things can escalate even though we have been discussing this scenario for some time. I really hope the American public puts 2 and together here and realizes this type of behavior can easily happen as we need to cut spending and raising tax's as well.

Jeff said...

Anon

Couldn't agree more.

getyourselfconnected said...

I am getting more uneasy now than even at the depths of the market crash. The wheels are coming off all over the world. The market drama today shows the ponzi/rigged/fraud that pervaded our markets today. I need a drink.