About Me
I have been bearish from July 2008 on the US markets and wish to share my views/ideas.
My aim of the blog is to help readers to make sound financial decisions by presenting my own ideas and from others that I follow such as the Weiss Research guys, Mike Larson, Larry Adelson and others.
Quotes from the recent financial meltdown that nearly collapsed the global economy.
USA- In my adult lifetime, I don’t think I’ve ever seen people as fearful,” - Warren Buffett
ICELAND - “There is a very real danger … that the Icelandic economy, in the worst case, could be sucked with the banks into the whirlpool and the result could be national bankruptcy,” – Iceland’s Prime Minister Geir Haarde
Korea – “At times like this, we, both the authorities and market participants, need to think and act rationally.” - Korean Finance Minister Kang Man-soo
Russia – “(This is) a large scale financial crisis. -Russian President Dmitry Medvedev