The Greek, And Portuguese Debt Crisis Is A Ticking Time Bomb
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Uploaded by inthemoneystocks on Jan 30, 2012
The major stock indexes are finally starting to get a little jittery as Portuguese credit default swaps (CDS) surge to to a record 40.0 percent. The major stock indexes around the world have rallied higher since December 19, 2012 as the problems in Europe have been swept under the rug. Over the weekend, Germany told Greece that they must hand over control of its finances to the European Union. The Greek government has firmly rejected this request by the German leadership. European Union leaders are holding a meeting in Brussels, Belgium today to discuss possible options. Either way, the problems in Europe are basically a bunch of ticking time bombs. This morning, the S&P 500 Index e-mini futures (ES H2) are trading lower by 11.00 points to 1301.50 per contract.
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here it is Feb 3rd and market is still going up. i am still buying shorts (epv) and if it goes lower i'm buying more.
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Well said. One of the reasons I can tell these guys are on the money is the call on the future calamity in Europe.. You guys all watch out there. Europe will be the reason for the next massive dip. None of these debt issued have been fixed.
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Nick you rock!
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amazing call shorting the markets from the ITMS boys!! Thanks you!
code2681 1 month ago 4