Thursday, Dec 11, 2008
Stock markets might not bottom until 2014
MoneyWeek: Stock markets might not bottom out until 2014
Obama's 'New Deal II' may well result in a long bear-market rally. But his efforts will ultimately come to nought. Ballooning government debt will hit the dollar and prompt a massive share sell-off – on both sides of the Atlantic.
Posted by damien @ 11:38 AM (197 views) Add Comment
1 Comment
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1. Amos said...
More free markets will resolve everything rubbish from Moneyweek.
Free markets freeze up periodically because they are not perfect.
If nothing is done at this point you get endless slumps in activity.