[quote=The-Shoveler]I think WS put a lot of their eggs on FB being another bubble to sucker the Retail investors.
IMO they were actually counting on the FB popularity to fuel a huge rally, but it did not occur so are now trying to figure out how to keep the whole thing from imploding,
So now Housing is going to fuel the next rally ? (just kidding).
IMO Europe implodes there will be no hiding spots. (I guess all they need to do is convince Germany to foot the bill for everyone else’s massive infrastructure (works) projects.
I would not want to be the politician, who has to go back to Germany and get on the TV and say,
“HEY !! we just got out voted by France and Spain, looks like we have to pay for everyone else’s infrastructure projects they want to start.
Basically they want to rebuild Europe and put the bill on us. (are we lucky or what!!).”[/quote]
Ah, so
Germany would be = to U.S. Taxpayer
Rest of Europe = Wall Street Banks and overleveraged buyers
