Europe’s demise is actually propping up the US economy. As Obama’s Debt Commission co-chair Erskine Bowles said the US economy is “the best lookin’ horse in the glue factory.”
Post Tagged with: "European debt"
November 25, 2011 11:26
EU climate insanity
MEP Hannan says “doom is almost upon us and here we are solemnly talking about these proposals massively to increase our debt and deficit and to pour more money into this climate project. It would be disastrous if we actually meant it.” In the midst of economic collapse there are still fools pushing the climate agenda as a way to increase control over all industry and commerce.
November 21, 2011 06:17
Expect A Global Recession No Matter What Happens In The Euro Zone
[T]his Euro sovereign debt crisis, even if contained and/or resolved in an orderly and timely manner, would most likely bring wide spread austerity programs to almost all developed economies, including the U.S. either by the Super Committee or by the automatic spending cut, which would almost guarantee a global economic slowdown, if not an outright recession.
November 16, 2011 09:53
Europe in a death spiral?
The Merkozy’s of Europe will be making “calming” statements over the next few days. We are dangerously close to a death spiral, and they know it. But they have nothing on their shelf but words.
