Look your economies are going to implode. And the retirees are going to support the government to find taxes where ever they can.
Hey I am European, no problems over here.
Oh no? You've got
three these albatrosses round your neck, Italy, Greece and Spain....
Cyprus, Ireland, UK, France, Germany etc......... http://www.usdebtclock.org/world-debt-clock.html http://suvysthoughts.blogspot.com/2014/08/europes-conundrum.htmlHey Germany was in recesssion until the formation of the Euro which was a currency war against the PIIGS, allowing Germany to devalue their manufacturing so they could undercut the PIIGS manufacturing and steal.
Europe's banks are leveraged on the order of 50-to-1, much much higher than the USA banks were before they were recapitalized in 2008. Are you ready for the Portabello?
So now you are married to the coming implosion. One for all, All for one. Isn't it bloody amicable brings tears to my armpits. Ciao.
