econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Flash: All European And US Financial Problems Can Be Solved Today

admin by admin
5월 16, 2012
in 미분류
0
0
SHARES
0
VIEWS

All the European’s and American’s have to do is stop spending, pay down the debt and put everyone back to work. See how simple that is; problems solved in one day no less! Now, that you have stopped laughing, maybe one can see and begin to appreciate the difficulties that lie ahead in implementing the obvious. So no matter what is said about we are making progress, albeit slowly, everything is going to be O.K., just close your eyes and don’t watch the scary parts.

How we got here in this stinking, slimy and sinking financial shipwreck is a problem just explaining it in itself. And those who caused it should be quartered and hung out to dry, but that is a problem also as it would easily quadruple the prison population. Oh, so many problems and no solutions in sight, what is one to do is the big question?

First we make incorrect assumptions that the politicians (you elected) in charge can somehow pull off a miraculous financial reversal and we can live happily ever after. First of all, these are the same group of idiots (you elected) that got us here in the first place. These are the morons (you elected) that lied to everyone saying the ice cream wasn’t melting because of the obvious hot weather, it was making a corrective action because of all the excitement of things getting better.

These are the Keynesian (you elected) whose motif of “look after the short term, and the long term will take care of itself” reigns supreme in these elected half-dimwits (you elected) The FED (Fumbling Egocentric Dullards) Chief was appointed and approved by this same group of buffoons (you elected) and somehow now you expect something different to happen this time around.

The IMF (The “I” stands for Idiot) is not exactly a direct association to US voters, but is generally run by a bunch of Keynesian moneymen. The ECB is comprised of 6 members heading the Executive Board and are appointed by the Council of Europe for 7-year terms. Again, a sad mixture of European liberals that seem to dominate the EZ landscape and dooming a real recovery anytime soon.

So when I continually read the optimistic tales of the European’s or American’s finding their way out of this distressing financial maze we are in by 2014 I have to shake my head in amazement. These authors are lacking any semblance of one that has any thorough financial knowledge of what is going on, who is making the decisions at best not well read.

So to make a long story short, how is this going to end? Actually, easy, but painfully; mostly in the pocket books of the lower and middle class. The international markets, banks and sovereign nations will crash, fail, and or default, hopefully not all at the same time. At this juncture, the politicians, banker CEO’s and heads of states will be able to point fingers and blame everyone else except themselves resolving a face saving solution.

Now that the ‘obvious’ problems are solved, the markets reset lower and the banks and several nations go about business as usual having done away with several convenient scape goats. All to once again endure more pain as greedy politicians, DaBoyz and other ponzi schemers enter the scene to set up shop as history goes about repeating itself.

Oh yes, how is this mess really going to be solved? Sorry, I don’t have a clue as it is way above my pay scale, but my scenario above is as good as any I have heard. I just wish this was just a fairy tale so when we finally grow up we may remember some of the story as something funny that happened a really long time ago in a galaxy far, far away.

To contact me with suggestions or deserved praise:

[email protected]

Written by Gary

Previous Post

Bhide: JP Morgan Structurally Defective

Next Post

Taibbi: Goldman Inadvertently Reveals ‘Naked Short Selling’

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Taibbi: Goldman Inadvertently Reveals 'Naked Short Selling'

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect