Cramer: Sovereign Crisis Impact Overblown?
09/19/11 – 11:33 AM EDT
NEW YORK (RealMoney) — Some things never get old, or discounted for that matter. That’s how I am feeling about the sovereign debt crisis.
You put it past you for a couple of days and a lot of money is made. Not a little, but a lot. And then it comes back and bites you again because it can’t be solved easily. The fact is, though, we are beginning to recognize that it will be solved, it just won’t be solved well and in a way that is satisfying to anybody.
In other words, get used to it, it will play out, it will hurt people BUT IT MIGHT NOT HURT AS MANY STOCKS AS YOU THINK.