Reply To: A messge to Mark Stucklin

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logan
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Talking up the situation in Spain will not convince anyone but yourself. The worst is yet to come. Spain will likely default on it’s international debt obligations within the next year. Property has at least a 20% drop on the horizon. Unemployment will continue to rise.
This is a decade long depression across the board, Europe, America and Asia.
I am not a doom laden soothsayer, just a realist who studies markets. As George Soros said today ‘the worlds financial system is shot to pieces’.