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The Contagion Worse than Ebola?

2 | By Wall Street Insights and Indictments Staff

Global growth is going the wrong way. The lynchpin? Europe. “The U.S. is the cleanest dirty shirt in the laundry once again,” says Shah. In fact, he joined Varney & Co. to report the issues facing Europe will cause contagion in the U.S. In fact, Shah believes the markets are headed for a major swoon and pinpoints where most of the selling will inevitably occur.

Shah also weighs in on one of the most shocking bankruptcy filings of the week and shares which stock he believes is “hugely overrated.”

 



2 Responses to The Contagion Worse than Ebola?

  1. EOD7 says:

    The short answer is when enough of the rest of the world figures out that they have before and can again trade in their own currencies. It has already started in the BRICS and will spread. Even if the SDR is used as a bailout option the system doesn’t change, the problem just moves up a level. Big oil and bank and Geo-political forces want it to go on forever, but I just can’t see it lasting another decade regardless what they do. Recommend food and land to grow more food.and a few head of meat livestock. Just my well informed two cents worth.

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