Friday, January 29, 2010

Funds flee Greece as Germany warns of "fatal" eurozone crisis

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7095818/Funds-flee-Greece-as-Germany-warns-of-fatal-eurozone-crisis.html

After Greece goes the way of Iceland (soon) then maybe Spain goes down too? Then who's next? The last domino to fall will be the U.S.

The World Economic System is dying, and like a drowning man, where the heart and lungs shunts the available blood back and forth between the brain and the heart to keep the 'core' alive, the world system is doing the same. The 'blood' is 'liquidity'. The brain and heart of the world system are probably, London and Wall Street, so they may survive for a while, at the expense of the 'extremities' (small countries) of the global system...

1 comment:

QUALITY STOCKS UNDER FIVE DOLLARS said...

Greece is now a total complete basketcase.