Sorry Folks, Europe Is Not Fine … Not Even Close

1

The financial world seems to have adopted the idea

that things will somehow work themselves out in Europe.

https://28.media.tumblr.com/tumblr_ll0vbc9KqF1qbxdjbo1_500.jpg

I don’t know if it’s because people don’t like to think about negative things

or if someone sent out a memo to everyone

that math doesn’t exist or count in Europe,

but somehow investors seem to have decided that as long as we think positive thoughts

everything will be fine.

The reality is that every day,

Europe is approaching a debt implosion.

.

Read the rest here

Next Post

Phil Donahue On The Foreign Policy Of A Warrior Nation

Sat Jan 28 , 2012
Phil Donahue, an American media personality, writer, and film producer best known as the creator and host of ‘The Phil Donahue Show’, was interviewed recently and had some very common sense arguments against the next war. “You can hear the drums in the background,” says Phil as we listen to […]