Remember me

I'll start out by getting right to the point: I'm incredibly bearish right now. The jitteriness in the markets over the last two weeks has been more than obvious. Traders and portfolio managers are jockeying for position as they try to extrapolate the ramifications of Europe's actions. Is it Euro-TARP? Will it have the same effect? What is austerity exactly? And on and on and on.Let me try to give you an idea of what I think and try to lay out a plan of how the globalized economy could play out.I think Europe could very well destroy any hope of a recovery that we thought we might see. Not only that, I think it could push the world off of a precipice of debt that, if it were to occur, would create something resembling outright disaster. Austerity combined with savage...