Thursday, March 31, 2011

Newest House of Cards

The EU is great. The nations are raising interest rates and the Euro is going up! Superb.

How much money are EU nations indebted with?

Because NONE of it will be paid back. Of course, this will not be made fully evident until later.

Who paid for the WWII European war debt? (The US taxpayer alone?)

We all better have the right financial positions when that shoe falls on the existing house of cards...!

There is a US junk bond market too. These markets can be considered for near term exploitation.