Tuesday, May 18, 2010

Prepare yourself (and your portfolio) for a coming debt crisis and a Chinese hard-landing (crash) 2010 - (update 15)

Germany is panicking, re: banning naked short selling. Means funding issues with German banks, that are very leveraged, barely scrapped by after the 2008 credit crunch:

from Telegraph

"Traders are predicting chaos on the world's second-largest government bond market after the German authorities on Tuesday announced a ban on all naked short-selling in European public debt, as well as shares in the country's 10 largest financial institutions."



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