A Major Warning For Central Planners After A Wild Week Of Chaos In China And Greece
KingWorldNews.com
July 10, 2015
As we come to the end of a wild trading week in global markets, today a legend in the business sent King World News a powerful piece discussing the chaos in Greece and China as well as the danger of central planner interference in global markets.
From Art Cashin’s notes: Offshore Developments – Another Man’s View – My friend, Peter Boockvar, over at the Lindsey Group put out a skeptical, almost sardonic assessment of things on other continents. Here’s a bit:
Thank you Alexis Tsipras for presenting a proposal on spending, taxes and pensions that is almost identical to the one that was offered to you on June 26th that you were not happy with, your finance minister called terrorism, with which you then called a referendum, campaigned on a no vote, then won the referendum. Politics as the populace suffers is nothing new unfortunately but either way, we now await a Greek vote in its Parliament and then confirmation that the creditors will accept it which they likely will.
The Rest…HERE
