The New CS Board

[jumanji0881]

Stock markets are just the tip of the iceberg. RE prices are obscene and are destined to collapse. Also HY bonds and derivatives are extremely vulnerable. Shale Oil companies are near bankruptcy as are some major US municipalities. And then there's the sovereign debt which will explode higher as the global economies fall. In Europe, the periphery has been the focus of economic weakness, but the massive influx of immigrants to northern Europe (eg Germany) will create a very heavy burden for their economies (can the Euro hold together ?).