Certainly good points you make. The only thing I don't like is when people come out of nowhere to beat the economy while its down. Simply in a verbal manner. Who's included in this: Obama, Juncker, Soros, Bush, and nearly every other politician and banker. My point of view is this. Instead of hinting at nationalizing banks, why not just shut-up until this is figured out? The markets were operating in a somewhat civilized manner until Junker and Obama decided to open their mouths for no reason. In my opinion, there's no reason to say anything until a decision is made. I'm not really targeting any specific individual in this statement, it just happens to be that *the person of one month in office to speak today while i'm annoyed by the news. Another thing that bugs me, just mentioned in the news is that "Bush" left Obama with whatever the accumulated national debt is.....to me that's un-neccessary given the fact that 1.5 trillion or more has been added to that previous amount in one month. I think i'm done for the day, got a small gbp/jpy short for the heck of it. Basically following IFR Markets on this trade to see how it works out. Leaving it for stop, or tp for now. Peace and everyone have a great weekend!
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