Kuwait's Global Investment House defaults on debt

This is not an attack on you, but I am wondering if you ever post anything at all that would be considered positive? I know there has been little to no good news, but there has to be something out there.

Really, I appreciate the stuff that you and quite a few of these other guys post around here. It has helped to open my eyes quite a bit.

I just put up the stuff that I find interesting. The job losses mainly because I feel like it shows how the effects have clearly and substantially moved out from just the housing market decline (and consequently why I don't think any recession will necessarily end in the event of a bottom in housing) and is affecting literally every sector of the economy. This, for much of the same reason, in that its not just the US, its not just the EU or Asia, it is quite literally the entire world.

ETA: As soon as I start seeing stuff that may be positive, I will definitely post that as well.

quote:

---

Kuwait's Global Investment House defaults on debt

---

I thought I remembered reading these guys were going to take over the world a few years ago...