Why the global economy will collapse soon...

Discussion in 'Economics' started by gastropod, Feb 11, 2011.

  1. OK, here is my conclusion: The global economy will collapse soon, because of insanity in the world capital markets and a global lack of understanding of the value of anything on the globe.

    Here is my basis for this: The value of borrowing for Egypt...yes, Egypt, you know - the country that is overturning its government and having riots in the streets...the same Egypt with food problems...yeah, them - they have lower borrowing costs than Portugal, Ireland, Greece etc.



    How can ANYBODY consider Ireland a bigger risk than Egypt when lending money? Does the European Union mean nothing? Greece faces bigger risks than Egypt? What scale is used to measure risk?

    What sayest thou?

  2. olias


    no it won't. Sorry I can't add more
  3. S2007S


    No need to worry, if they saved it before they will keep saving it again, remember as I always say there is no such thing as failure and that failure is actually rewarded in america.