Ready ........ Get ......... Set ............ Go.... Get Ready for Crash

The Market is Jittery......... Peoples and Leaders are Worried


I don't know know why they are worried?
Whom these leaders really represents?
The billions of poor who voted them to power or few millions who finance their election bids.
These leaders always looks at the lobbies for financing their election bids and these comes with price. 
This price tag is many times very high and at the cost of those voted them to power.
This is why they care and financed the gambling of rich, the rescue of banks and the different measures to avoid the crash is nothing more than the sucking blood of poor.
More and more people are getting hungry and poorer. The basic necessity of life Food is becoming more and more non affordable to them.


Let their be crash and this will start of cleaning of toxic in the system. This will make food more affordable for poor. 


This crash will not solve the problem unless and until we remove the causes from the system which made this crisis.


The financial system needs cleaning and this is painful. There is no other solution.


Let there be crash.......... it will be good for market.

Let There be cleanup.

Euro Crisis: Derivatives Cloud the Possible Fallout From a Greek Default - CNBC

In years past, when financial crises in Argentina and Russia left those countries unable to make good on their government debts, they simply defaulted. But this time around, swaps and other sorts of contracts have become so common and so intertwined in the financial markets that there are fears among regulators and financial players about how a Greek default would play out among derivatives holders.
The looming uncertainties are whether these contracts — which insure against possibilities like a Greek default — are concentrated in the hands of a few companies, and if these companies will be able to pay out billions of dollars to cover losses during a default.

Sovereign Debt Crisis: Investors Bet on Prospect of 'Greek Accident' - CNBC

Sovereign Debt Crisis: Investors Bet on Prospect of 'Greek Accident' - CNBC

This is called CDS, derivatives and many good name. I call them casino's and betting. This needs to controlled. No one has the right to tell and bet on others bankruptcy.

Why people should pay for those who are playing casino's. Let them play casino's. Please don't call it banking.

Keep the banking, only banking clean of all garbage.

Make investment banking, and all its instruments a separate system, and clearly mention their risk as casino's. Those who want to play, no one can stop them to play with their own money.

These people should not be allowed to play with retirees money, pension funds, university money and insurance money and governemnt money and tax payers money.

Let them play with their own money.

The best solution for Greece and Euro, is to default.

Let the banker take hit and haircut on their debt.

Tax payers should not be made to pay for luxury of bankers and banking.

Default will not be a trigger for next melt down.

Greek PM to Reshuffle Cabinet; IMF 'Concerned' - CNBC

Will Greece be trigger point?

No I don't think so?

It will not be a trigger for next melt down, it is already discounted in market. It is smaller than Lehman default? The strigger needs to be bigger. There is nothing to worry? If it default, then it is best thing now. If not then it will default in next year or so. Present situation of Europe is much better than USA. The toxic is in the system there and financial system.

European default in general will not be trigger for next meltdown? After Greece........ Irland...... Spain.........Portugal...........Italy. One at a time. Still no problem. They all will default in next three to five years time, if not now. Let us clean it.

Global meltdown trigger can only come from USA, I am waiting for AIG or Goldman, they will be the trigger for collapse.

In my opinion Fed will go for next round of easing and then let us wait for more.

This will be 3 to 5 years. And best job guarantee is War?

War is coming? Libya is one, Yemen next, then Syria and yes Sudan. This how to create jobs for 10% unemployeed US.

Arab world has started changing but now, this is turn of Europe to change.

Greece, Space and many more more regime will change.

EU-US Economies - Will Another Lehman-Style Crisis Be Prevented? - CNBC

EU-US Economies - Will Another Lehman-Style Crisis Be Prevented? - CNBC

No it is not possible. The crisis can not be prevented. When we look at present situation not much has been changed and the causes of the previous collapse are still existant in the market.

• Too Big to Fail -- The companies which were affected and needs rresue have become bigger, the systematic risk of collapse of the system has not removed or reduced, over the years it has increased.


• Off Balance Sheet Transaction - Derivatives and swaps are there and no body really knows how much each of them owe. How much risk or swaps or derivates they have played. Derivatives are sttill off balancesheet and not goverened by the Financial Authorities.


• Toxic assets are still there on the balance sheet sitting and looking pretty beutiful. No one knows how much toxic each of them has and what is its worth.


• Credit Rating Agencies are same, methods are same and methodology is the same. They are still beyond control and again started playing the dirty game.


• Auditors are same - they have not changed their behaviour and practices. They are not controlled and supervised.


• Housing is going down, mortges are under water and bond for them are in market. Game is still on.

Unless and untill the reasons behind the crisis are corrected, another crisis can not be avoided.

The only difference is that, Mr. Ben Bernanke has new printing press and this one is priting Dollars and Printting as much he want. No one in world is sure what is worth of this Dollar.