• Gold Money
    05/03/2016 - 11:35
    Crude oil time-spreads have completely dislocated from inventories. Historically, such dislocations have proved to be short lived. We expect that either spot prices will sell-off again or the back...

"This Time, It Is Not The Usual Suspects Such As Brazil And Mexico Who Are In the Worst Positions. Instead, It Is the Industrialized Nations"

George Washington's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 01/05/2010 - 19:06 | 183531 Carl Marks
Carl Marks's picture

"This is the way the fucking world ends! Look at this fucking shit we're in, man! Not with a bang, but with a whimper. And with a whimper, I'm fucking splitting, Jack."

Tue, 01/05/2010 - 17:58 | 183421 trav777
trav777's picture

Well, Mexico is in a HORRID position; they peaked in 2004 and now appear to be sliding into chaos.  Brazil is nowhere near that.

Meanwhile, nonproducing nations whose middle classes have massive McMansions and hugely consumptive lifestyles...that's another story.

Tue, 01/05/2010 - 21:20 | 183714 Anonymous
Anonymous's picture

Mexico peaked in 2004?

What do you mean by that? Their total outstanding debt peaked? Their currency peaked vs USD? Their emigration rate peaked? Their drugs smuggled by weight peaked? The number of arts and crafts festivals held annually peaked?

"Meanwhile, nonproducing nations whose middle classes have massive McMansions and hugely consumptive lifestyles...that's another story."

You didn't tell one story, why are you bringing up another one?

Tue, 01/05/2010 - 17:17 | 183344 Anonymous
Anonymous's picture

Gimme a J
Gimme an A
Gimme a P
Gimme another A
Gimme an N

What's it spell? DEFAULT!

Wed, 01/06/2010 - 11:47 | 184318 Anonymous
Anonymous's picture

I wonder how much money you would have lost if you had spent the last 20 years betting on Japan defaulting. Heck, even the last decade would have rolled off some serious dough.

Do NOT follow this link or you will be banned from the site!