Friday, August 05, 2011

Fight or flight.

At 0212 UTC

Here's the Hang Seng right now: Down 970.59 (4.44%)

Here is the Nikkei right now: Down 333.71 (3.45%)

Is there any question what's going to happen on Friday morning in New York ?

Economics cannot be separated from politics or politics from (true) history.

SPQR

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