Sunday, November 13, 2011

Hong Kong Banks and Instis - Be Careful!

Yes, we know the EUR/USD funnel just gave through to the downside as we already said it would. Surprise, surprise.

Another comment about Hong Kong...

We have been there alot and continually. Banks, also... banks,... also people who keep the banks kind of going,... and then also banks... Kowloon banks, Hong Kong Island banks, and also... financial institutions, and... well, you get it.

(The harbor and hotels are a funnel directly to the banks for anyone who pays attention.)

Anyway, we wonder what the Hong Kong banks have put at risk in Europe... and we wonder exactly whos (whoms?) money is at risk in the Euro-Zone from Hong Kong banks.

Do you folks wonder? We do.