Thursday, April 22, 2010
What irony! We are witnessing a modern-day Greek Tragedy!
But the saddest irony of all is that the same attitude that says that , "It can't happen in the USA" will be the hubris that ensures that it WILL happen here in America!
Years from now, we'll be doing case studies on how our pride and refusal to learn the sad lessons of others lead to our own downfall and destruction.
One big difference, though. We won't be reading about a GREEK Tragedy any more. We'll be reading about an AMERICAN one!
Monday, April 19, 2010
"Reality set in last week that the EU bailout was not all it was cracked up to be. Remember the EU is now only as strong as its weakest link. The fall of the euro has begun and there is more downside ahead."