Investing mentor going by his forum name, ein55, presented this month’s Investing Mentor Session. I must thank him for adding much more details to give this summary sufficient details.

Political Game

He started with the stand that the current situation is a crisis of confidence, and mainly politically driven (80% political and 20% financial). The issue can be resolved by united effort from various nations. Greece and Italy political leaders have paid for their price (losing the leadership) for not able to resolve the crisis on time, and this will help to warn other political leaders (Europe and US) on the consequence for not handling the economy issues well. His conspiracy theory argues that US want to make Europe weaker (since EUR is main competitor of USD), while containing the effect in Europe and prevent the debt contagion from spreading to the rest of the world. Therefore, US would just ...