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Claeren · 10-27-2008, 03:12 PM

Good overview of what Europe is facing right now (total meltdown) and some of the ways that the unwinding of the Yen carry trade is playing out around the world.

http://www.telegraph.co.uk/finance/c...-meltdown.html

I am thinking that people will panic (again, and for good reason) and throw the markets into freefall (again, and for good reason) before the market shows some fundamental reason to start going up again. Just my gut feeling though, as I keep saying, the world is in the middle of a solvency problem not a liquidity problem. The volatility between present and future is irrelevant (for most people) though.

Claeren.

10-27-2008, 03:12 PM	#380
Claeren Franchise Player Join Date: Jul 2003 Location: Section 218 Exp:	Good overview of what Europe is facing right now (total meltdown) and some of the ways that the unwinding of the Yen carry trade is playing out around the world. http://www.telegraph.co.uk/finance/c...-meltdown.html I am thinking that people will panic (again, and for good reason) and throw the markets into freefall (again, and for good reason) before the market shows some fundamental reason to start going up again. Just my gut feeling though, as I keep saying, the world is in the middle of a solvency problem not a liquidity problem. The volatility between present and future is irrelevant (for most people) though. Claeren. Last edited by Claeren; 10-27-2008 at 03:21 PM.