Zec Online Journal

2002. - 2013.

8.8.11

Uncharted Waters For Casino Capitalism


Financial english idiom. The comin of the new dark age

Tommorow, the global stock market will have to ''price in'' following facts and new realities:

- S & P's downgrade of USA top-notch credit rating

- European soverign debt crisis - Italy and Spain bonds

- First signs of global economic slowdown, possible signs of the new recession

- the dollar is, de facto, no longer reserve currency

- China becomes officially the mightiest global superpower

- The reality of the full multi-polar geopolitical order


If you're in uncharted waters, you are in a situation that is unfamiliar to you, that you have no experience of and don't know what might happen. ('Unchartered waters' is an incorrect form that is a common mistake.)

Source: english dictionary

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32 Comments:

  • At 7:35 am, Blogger ARMAAN said…

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  • At 11:16 am, Anonymous Anonymous said…

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  • At 7:05 am, Anonymous Anonymous said…

    This is exactly what happened with America's "Financial Gurus" They gambled and lost.
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  • At 7:28 am, Anonymous Anonymous said…

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  • At 6:01 am, Anonymous Anonymous said…

    THE NEED OF THE HOUR IS TO PROTECT OUR GREAT BHARATEEYA CULTURE FROM OBSCENE CAPITALIST CULTURE WHICH INVADED OUR DRAWING ROOMS THROUGH MEDIA, TVS AND MOVIES.


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  • At 7:27 am, Anonymous Anonymous said…

    They participated in reckless casino capitalism for years ever since Phil Gramm was successful in his quest to deregualate Wall Street.

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