According to The New York Times, the EU is warning Spain about their deficit. There is no warning about TWENTY-FIVE PERCENT unemployment. All they care about are THE BANKS -- as far as the EU is concerned, the people can go to hell -- and they are -- rapidly.
Who will those proud, thrifty, and clean Germans sell their crap to when the rest of Europe can't afford it?
How long before the fall of the Euro?
How long before the shooting starts?
I really hope it doesn't come to that.
Oh yeah -- how long before J.P. Morgan Chase either fails - or "needs" a bailout.
Until we reign in The Banks, work toward a more equitable society, and teach our discredited "Masters Of The Universe" some manners - and the fact there really are RULES - these various crises will continue until there is nothing left.
Tuesday: Case-Shiller House Prices, New Home Sales, FOMC Minutes and More
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Near Lowest Levels in a Month
Last Monday, mortgage rates were near the ...
10 hours ago
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