The European debt Bubble has burst, and the repricing of risk and debt cannot be put back in the bottle. It’s really this simple, Europe: either rebel against the banks or accept decades of debt-serfdom. All the millions of words published about the European debt crisis can be distilled down a handful of simple dynamics. Once we understand those, then the choice between resistance and debt-serfdom is revealed as the onlychoice: the rest of the “options” are illusory. |
| The saddest thing for me personally in 44 Obama is the reality that he has turned America into an old Soviet joke in his regime is the Kremlin and the puppy press is Pravda. Not since Al Gore claimed invention of the internet has such a lying scoundrel been propped up by the press in B. Hussein Obama. The reality is you do not matter any more as Obama and his lap dog press simply manufacture propaganda to suit the regime's rose colored dogma. |
What in the world is Barack Obama thinking? The United States of America is falling apart all around him, and yet he decides to take a 17 day Hawaiian vacation. Does he even understand that he is the leader of the free world? Does he even understand that this country is mired in the worst economic downturn since the Great Depression?