RE: RE: RE: RE: RE: RE: Pre-Bid 1.31$"Let's hope European leaders get their act straight so we stop worrying about CUU and start worrying about the overall market instead.."
European (ECB or political) leaders can't fix this. No clear understanding of the cause and too many European policy makers in the kitchen. Not enough time to gain democratic consensus even if that was a possibility. The only way the world will be spared a global economic meltdown in the next several weeks is for the FED to print US currency in massive quantities and to ship it transatlantic and bail out Greece and France directly. So, expect either QE3 (4,5,6 ...) or financial armageddon. If the former, commodities go up. If the latter, this stock goes on sale HARD ! I'm 30% cash at the moment. Fricken' Fraud Street and their resulting OTC derivatives risk epidemic. Go US banking execs ! Work your corrupt magic and let's get QE3 done already ! European political leaders apparently have no clue on cause of the financial crisis. High deficits. ! ? Are you serious ? [the free world is in so much trouble]