Some Over Night Ugliness Developing?
Ireland resisting a bailout
Greece is biting the hand that feeds it…historically never a good move when the hand is attached to a German
Portugal says “Um, we’re broke too”
I’m guessing our Super Genius Response™ will be…PRINT MONEY!
I know I’m a pessimist, but this is serious shit.
And we simply do not have serious, credible leadership.
Stacy McCain refers to the EU members in financial trouble (Portugal, Ireland, Greece, and Spain) as “PIGS“.
Works for me.
Sooner or later those “PIGS” are probably going to get slaughtered.
Ummm, bacon…
I worry more about the BRICs than the PIGS, especially in the later part of the decade.
The PIGS will just implode but some of those BRICs will be coming after us.