"fish in troubled waters"
From: [email protected] [mailto:[email protected]] On Behalf Of de Bivort Lawrence Sent: Wednesday, October 26, 2011 10:16 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION Cc: Keith Hudson; de Lawrence Bivort Subject: Re: [Futurework] The Eurozone is now a farce Perhaps the "dismal" analysis is not fully persuasive? It is normal in times of systemic uncertainty for some to find themselves deeply pessimistic, but, objectively, the existence of uncertainty should engender neither pessimism nor optimism. For those who by predisposition are agile and insightful, a period of uncertainty may be one of great systemic opportunity. Cheers, Lawry On Oct 26, 2011, at 10:00 AM, michael gurstein wrote: And the European markets as well (4 pm EU time)... Any ideas as to what might be going on... Huge liquidity from the Fed as in 2008 perhaps? M -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Arthur Cordell Sent: Wednesday, October 26, 2011 6:40 AM To: 'Keith Hudson'; 'RE-DESIGNING WORK, INCOME DISTRIBUTION,EDUCATION' Subject: Re: [Futurework] The Eurozone is now a farce Something strange going on. In the face of dismal news the Dow keeps rising. Perhaps to crash soon? But so far it is on the upside. arthur From: [email protected] [mailto:[email protected]] On Behalf Of Keith Hudson Sent: Wednesday, October 26, 2011 3:50 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, , EDUCATION Subject: [Futurework] The Eurozone is now a farce The Eurozone has now become a farce, and the Heads of State who are meeting today at Brussels will have to be magicians with words if they are to convince investors that the Eurozone has any future at all. Today's Summit should have been that of Finance Ministers who were to have supplied the final details of the rescue plan for Greece through to Italy. Late last night it was postponed to an unknown meeting in the future -- very likely a meeting that will never be held. It's not as though the Eurozone problem is of recent origin. Officials and politicians have been kicking the can down the road on at least a dozen occasions in the last two years. The cancellation of the present rescue plan is only the last of these. After opening this morning, the London Stock Exchange tried to be brave for the first ten minutes but shares are now (8.30am) plunging. Is this the beginning of a "depression that will be worse than anything in the last century" (Sir Mervyn King, Governor of the Bank of England)? Readers would be well-advised to buy a few gold coins while they're still available before Eurozone investors get at them. Keith Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/10/ _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
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