Dreaming of another recession

You might have come across this on the BBC news. Alessio Rastani is an independent trader and dreams of recessions to make money. He states that the market doesn’t really care about rescue packages for euro zone countries as they believe Greece etc are going to default anyway. His suggestion that we should buy US$’s as a safe haven was an interesting point – surely they are in enough trouble as it is. He did say that:

“Goldman Sach runs the world NOT your goverments”.

However, markets have risen on the news that the Greek parliament approved a new property tax, a key condition of gaining more financial aid for the debt-laden country.

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