Thursday, April 4, 2013

The Euro is Dead – Long Live the Dollar

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Our phones have been in meltdown mode and sleep has been rarer than gold around here. Whatever politicians could do to screw up the world, trust me, they are diligently at work to accomplish that goal even ahead of schedule. The logic coming from the ECB, France, and Germany leaves a lot to be desired. Policies of hunting down the rich, the French refusing to reform, the Germans insisting upon austerity, and the ECB advocating the confiscation of depositor’s money setting off bank runs which are starting to emerge in Southern Europe, are all combing to present a picture that if it were used for a movie, nobody would believe such events were even possible. (more)

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