Monday, 8 August 2011

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

Thursday, 4 August 2011

The Fall Of Capitalism

Print more money ! Fast !

Another global stock market sell-off. The biggest daily drop of major indexes since February 2009.

Socialism failed, and now capitalism is going bankrupt.

What will be ''third way'' ? Next 20-30 years will decide.