Thursday, December 8, 2011

EU can Save Itself Friday?

There is only one way for the Euro-Zone to legitimately save itself... as we said many times, Germany would have to bankroll all the lazy folks who don't even work a 5 day work week.

Probably Germany is not stupid or corrupt enough to do that. Of course, anything could happen(!)

The only other way (illegitimate way) is to "print" Euros. The Germans are the only real losers in that case because then their wealth is severely devalued in order to make Italians rich. Good deal for the Germans...!

The idiots on the River Island want EUR to be printed. Because the River Island folks are "slow" to understand that the USD would skyrocket then and US Equities would be worthless.

Unless... ah... unless the River Island already knew that Benny B. would then print even MORE currency.

Of course, the River Island folks don't realize that would be a problem for the Republican Party heading into an election year.

River Island "professionals" are really quite simple; otherwise, we wouldn't be in this stupid mess.

Maybe a large sand bar could destroy the river island some day and the US could get back to prosperous times?!