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Economic Recovery Illusion, Debt Crisis Coming to U.S.

Economics / Global Debt Crisis Feb 28, 2010 - 08:00 PM GMT

By: Submissions

Economics

While United States President Barack obama and member of his cabinet are talking about the first signs of economic recovery. Not all economists are sure that the world economy is on the way back up...



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Comments

James Hovland
01 Mar 10, 04:00
We've been underestimated before.

Don't Act. Panic Now. With America allegedly being attacked by global investors, all bets are off. I remember Shock and Awe. I think the gold market is likely to become very hostile.

As Americans become more aware, and thus concerned about this attack, I think the markets will invert rather quickly. When America is attacked, Americans buy Bonds. I'm sure under the circumstances other nations will follow a very similar pattern. Between Tea Parties, Cognitive Infiltration and a few Black Swans, this should be an exciting year in the market.

Warning.

If you're not in control of your emotions, chances are someone else is. Most of the time the other person doesn't even know it. Sometimes they do.


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