Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.
Please click HERE to read a synopsis of my view of the financial situation.

Saturday, June 20, 2009

Story of how Argentenia handled 2001 bank collapse & American action

CNBC Video of a case for it is not a good time to buy stocks long term

Rather lengthy video, kinda light on facts, more just impressions on various ways society changes to an economic decline. Argentina had a hyper inflationary depression, something the US may eventually face.


1 comment:

  1. Interesting. Counters the argument many pundit's have been putting out that there is tons of money waiting on the sidelines to come into the market.

    Guy basically says it's been used up. That means there is no support out there to hold this pig up.