credit derivatives will cause mayhem soon in Europe when the stimulus fails(which is nothing more confidence building approach which will not give answers to the underlining problem of the European financial crisis, which is unaccountable liabilities coupled with corruption on massive scale in terms of book keeping)
The $62 trillion dollar credit derivatives market is 50 times the size of the subprime mortgage derivatives market, and is indeed larger than the entire global economy.
We have passed the periphery zone of Europe, we have now entered the big league italy and france which will be followed by england and germany
once we get to germany and england, say goodby to wallstreet and the american recovery and say hello to financial doomsday
hold gold has investment for atleast 2 years
german export will decline because other european economies are doing bad and they can`t import from germany
Germany will have less and less cash liquidity
soon europe will discover that they never had real economies they had only financial economies that excised only on paper that had no relation to reality
(Reuters) - Germany economic growth slowed to 0.3 percent in the second quarter on a sharp drop in investment, adding to evidence that Europe's largest economy can no longer be relied on to pull the euro zone out of a deep slump.
Words to look for in in european and american geopolitical media is: stimulus(I hope they don`t run on the bank. would you give a crackhead stimulus)
investastagtion( it better if we look into ourself before the people notice it,so that we can give our condensed version)