Posts Tagged: Economy

Dow Jones 5000? Not this year

Posted by & filed under Misc.

Read another story about DJIA hitting 5,000 in 2-2.5 years. I suppose it’s possible. But I don’t think it will be a real bottom, more of a “hit 5k and run up like a rocket”. Generally I think it’ll be like that due to extremely short memory and ultra-high greed levels. People go get caught […]

Greece and Euro – will Germany be freed?

Posted by & filed under Misc, Politics.

I keep reading news about Greece’s fiscal crisis and keep wondering, what will be the outcome of the whole situation. I don’t really believe in ability of Greek government to clamp down on all public workers and squeeze out enough money to permanently resolve the debt problem. No way. It’s like suddenly deciding to cut […]