Friday, June 1, 2012

On National Collapse

There is no salvaging Greece as part of the Euro and Spain may have inflicted enough damage on her own economy that she is a lost cause as well. This is the reality of the coming economic depression that has not been caused by bankers or even speculators, but by policy makers in government who attempted to create a cradle to grave socialist Utopia. Greece is not too big to fail but is too large to bail out and Spain is an even larger economy that has simply spent beyond the point of being recoverable. If socialism did not work in relatively small economies like Greece and Spain, how could it ever work in the United States of America?

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