Europe sovereign debt crisis is booming.
its no more greece's problem...
its the whole EU problem...
they are facing a very tough time...
there is always strike around the main city of EU...
i experience it when i was in ROME italy...
none of the underground train working at that day until 5pm...
not all the buses are operating...
me and my friends have to take another bus rather than bus 62...
the driver doesnt want to pick up anyone after he dropped off all the passenger at the last stop where he suppose to turn around and pick us up to the city center...
he stop the bus in front of us and just sit inside the bus...
this type of strike will damage the image and econ of the country...
*EU having huge debt...
not all of they generate enough GDP to cover their expenditures...
their people is lazy to work...
lazy to do business...
i dont think they can solve current problem so easily...
EU is not that union when it comes to this stage...
who willing to pay the bill of his neighbor??
or when everyone is in the trouble,who want to help their neighbor??
i'm kinda pessimistic on the EU crisis...
hence i have reduced my equity exposure...
let's see how it goes...
KLCI rebounded...
but it didnt not change its down trend yet...
possibility to head south is higher than going up...
No comments:
Post a Comment