6/5/10

A very interesting and thought provoking quote

"The market is starting to say that the financial model of the nation-state, which depends on deficit finance to fund promises that have been made in the past and promises that are still being made to the voters, is unsustainable." John Hathaway

My view. A superb and concise way to nail what is going on in the global economies and the reaction of the world markets.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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