BACKWOODS SURVIVAL BLOG: Euro Shock-And-Awe Will Create Huge Short Squeeze--Followed By Market Collapse

10 May, 2010

Euro Shock-And-Awe Will Create Huge Short Squeeze--Followed By Market Collapse

Euro Shock-And-Awe Will Create Huge Short Squeeze--Followed By Air Pocket And Market Collapse: "To defend the Euro, the ECB now is committed to throw up to $1 trillion at interventions in public and private debt.

What's next? Direct intervention in the stock market?

Bear in mind when this fails (which I guarantee you it will but I cannot state the timeframe), these clowns will think the reason was they did not throw enough firepower at it.

Step back for a second. The problems are too much debt, too much government spending, and a massively unbalanced global economy. None of these actions address any of the fundamental issues..."

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