Mike, It's not a personal opinion that he gave its actually from an economic stand point and they way the stocks and bonds are going, and also if you have read about china's injection of about $500bn to its economy and what it will do to the neighbouring countries, the faith in Obama to turn it around is there, the investors and the capital being pulled out of the country is what has to be mitigated hence to bring stability.
Obama will streamline the problem, solving it entirely is another issue but financially everything is actually worse than we all know and only a trader or financial guru can predict what will happen to the economy we can only imagine the best from the outside. > On Mon, Nov 10, 2008 at 10:27 AM, David Ziggy Lubowa > <[EMAIL PROTECTED]>wrote: > >> The financial meltdown in the USA is actually worse than we can imagine >> as >> much as the bill to inject $700Bn was passed, a friend of mine who is a >> European High Yield Trader and heavily into investment management tells >> me >> even the two terms Obama has won't really change much but it will >> atleast >> streamline the economy but to some level though you can say the economy >> is >> royally screwed, which will offcourse set off a chain reaction > > > the analysis by this European guru in the economic field makes me > wonder... > why is it that people seem to never have hope for miracles any more... is > it > that we, by default, love to hear; the worst of everything? The US economy > is in a mess, but who says what took 8 years to destroy cannot take 4 > years > to mend? It seems that this day and age man has nothing up his sleeve > apart > from spell doom first then wait to see if one can come out of the doom > they > predicted. > > Is this not the very hope that Obama preached.... to change the status quo > of the US economy during his tenure? > > > my two uganda cents > > > -- > Mike > > Of course, you might discount this possibility, but remember that one in > a million chances happen 99% of the time. > ------------------------------------------------------------ > cheers _______________________________________________ LUG mailing list [email protected] http://kym.net/mailman/listinfo/lug %LUG is generously hosted by INFOCOM http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ---------------------------------------
