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6 hours ago ... World leaders to hold emergency talks as Eurozone crisis flares up t.co... wSUzYbc3 by HuffingtonPost 209731260535422976.
Originally posted by AGWskeptic
reply to post by longjohnbritches
In a nutshell, the entire stock market is a giant Ponzi scheme.
Ponzi scheme's stop working if there is any interuption of cash flow, such as a mortgage crisis or bank run. The bank runs in Europe have started, it will get here soon enough.
Originally posted by longjohnbritches
I am not totally up on the world wide cash crunch. I do know that there are many here on ATS that are up to snuff with these dealings. I try my best to be informed and learn a lot from other members here.
The financial mess the USA and the EU are facing is nothing to take lightly.
What are your thoughts and IDEAS??
the best ljb
(visit the link for the full news article)edit on 6/4/2012 by longjohnbritches because: to take