OH GOD FINANCIAL APOCALYPSE. AGAIN.

DJIA_Feb4_2010

The theme this time is SOVEREIGN DEBT.  Remember those words for you will hear them NON STOP on ALL news networks from now till forever.  You see, since the governments of all the world’s countries decided to save their economies by throwing money at things they were able to avert a grave economic depression but at the cost of large debts.  So now everyone’s worried about countries defaulting on these debts.  Basically, even if you don’t know anything about anything:  SELL, SELL, SELL.  Oh god, they almost had me there for a second.  Let me know when the silly market commotion is over so I can come out of my bomb shelter.

Look at what happened to GOLD.  The last bastion of economic freedom!:

gold_Feb4_2010

[Business Insider/Google]

Tagged with:
 

Leave a Reply