Monday, June 4, 2012
Verge of Collapse
The world's economy can only sustain so much, and overspending America has become part of the problem rather than what it was as late as the George W. Bush administration when the US remained the bedrock of stability propping up the rest of the globe. There is no saving Greece or Spain and more dominoes may well tumble soon and in an unpredictable way. America no longer possesses the resources to bail out any nation including sadly herself. In previous decades, you could never go wrong being long on America, now if it were possible, I would short the whole world as decline becomes terminal.
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