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"There's nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away."
"Brexit is not the end of the set of problems, which I always thought were going to start with the euro because the euro is a very serious problem in that the southern part of the euro zone is being funded by the northern part and the European Central Bank," Greenspan said
With liquidity provisions and “soothing talk” from central banks “it’s not hard to imagine a return to normality in the not-too-distant future,” said Roberto Perli, a partner at Cornerstone Macro LLC in Washington.
originally posted by: snowspirit
I've watched both Cdn news about this, and CNN.
Canada doesn't seem the least bit worried, says we'll all get through this fine, buy stocks on sale, keep an eye on the markets, no big deal.
CNN seems to think this is really bad, omg, the global economy is tanking, doom doom doom.
Apparently searches about moving to Canada from the UK are up by over 100%.
originally posted by: onequestion
Yeah but on the same hand you can't just dismiss what he says either.