GOLDMAN SACHS recently released their very own New Year message of “HOPE” with the forecast rising from “despair”. It seems to me they don’t really care, they make money anyway.

The Goldman Boys are now strategically placed to determine the economic future. President of the European Central Bank, Mario Draghi, just pulled a neat Christmas bonus whereby 500+ Euro banks help themselves to cheap funds totalling a half TRILLION euros and then banks turn round and put the money BACK IN the European Central Bank. WHAT IS THIS ALL ABOUT ????? Is this Goldman Sachs master plan for the future, keep printing money and everyone that touches it gets rich ?

Goldman expects the Footsie to hit a low of 4700 before staging a gradual recovery in the second half of the year – but all bets are off if the euro falls apart. The bank says: “Our economic forecasts assume some resolution to the eurozone debt crisis in the next few months. But the chances of a more chaotic outcome, in particular a break-up of the euro, although still small, have grown.”

Goldman’s economists expect eurozone GDP to contract by 0.8% in 2012, with a short-lived recession in Germany and France, and a longer and much deeper one in the peripheral eurozone countries. “But if a political breakthrough is not achieved before the refunding cycle picks up in earnest in mid-January, the probability of [the European economy] spiralling out of control towards a break-up would substantially increase,” it said.

http://www.guardian.co.uk/business/2011/dec/22/goldman-sachs-forecast-for-2012

AND A HAPPY, “RENEWABLE” NEW YEAR TO YOU TOO !

300 years ago in 1711 James Watson wrote a poem called “Old Lang Syne” which became the “basis” for the Robert Burns “hit”, and song that is sung universally on the stroke of New Years Eve, “Auld Lang Syne”.

This is the English translation.

Should old acquaintance be forgot, and never brought to mind ? Should old acquaintance be forgot, and old lang syne ?

CHORUS:

For auld lang syne, my dear, for auld lang syne, we’ll take a cup of kindness yet, for auld lang syne.

And surely you’ll buy your pint cup ! and surely I’ll buy mine ! And we’ll take a cup o’ kindness yet, for auld lang syne.

CHORUS

We two have run about the slopes, and picked the daisies fine ; But we’ve wandered many a weary foot, since auld lang syne.

CHORUS

We two have paddled in the stream, from morning sun till dine^† ; But seas between us broad have roared since auld lang syne.

CHORUS

And there’s a hand my trusty friend ! And give us a hand o’ thine ! And we’ll take a right good-will draught, for auld lang syne.

CHORUS