Thursday, December 8, 2011

McAlvany Weekly Commentary

Massive Emergency Bailout Temporarily Saves European Implosion

A Look At This Week’s Show:
- Disaster temporarily averted when 6 Central Banks dump 357 billion into Europe. How long this will work is anyone’s guess.
- Lower wages and higher debt imply slow growth and a collapse in equity prices. This trend could last years.
- Learn and use a “back of a napkin” financial solution to show your holiday guests and family.

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