SPECULATION & ITALY

I do not understand how speculators can be allowed to take out European country after European country. The speculators are going after entire countries in the same manner that banks foreclose on houses as interest rates rise.

I am beginning to wonder if it is a conspiracy to make money or perhaps again try to bring down the world wide economy. One can have economic warfare as well as conventional warfare.

I do know that speculators get addicted to the money to be made from using the stock market to gamble with unthinkable funds.

It is interesting to note that much of the speculation is coming from Asian markets. It is also interesting to note that China refuses to allow its currency to be treated the same as the currencies which get traded openly on the markets.

It is hard to know the cause, but we all are being damaged by the effect.