Talk of The Villages Florida - View Single Post - Time to get out of stocks?
View Single Post
 
Old 02-06-2013, 04:18 PM
2BNTV's Avatar
2BNTV 2BNTV is offline
Sage
Join Date: Mar 2010
Posts: 10,711
Thanks: 1
Thanked 134 Times in 61 Posts
Default

Quote:
Originally Posted by Cantwaittoarrive View Post
There are many reasons, but one that should be fairly easy to understand is the failure of a smaller economy in Europe effects the banking system in many different ways and would most likely lead to the failure of some banks which would lead to the failure of more banks which continues to snowball until you have a meltdown. Think of the old weak link in a chain
Thank you.
__________________
"It doesn't cost "nuttin", to be nice". MOM

I just want to do the right thing! Uncle Joe, (my hero).