Thursday, November 25, 2010

euro rescue

ECB says it has one trillion ready for euro rescue. Interesting we say. What were we hearing just a year ago. The constant drum beat of all is well, and we want negative comments to be no more. Debunkers claim the all is fine in eire. That no rescue is necessary. Also, that all I do is preach doom and I am crazy. Well, we will see. I still remember being told that GM cannot go under because they are the world's biggest car company. OK since that time Blockbuster another prediction has come in. Expect more of the same. Will things get better - no way.

As for what is coming. Skeptics that giggle now. Well, they will soon cry. Things are going to get a lot worse. In fact, they will do a debunker flipflop and claim it is normal to have an empty grocery. Nothing strange about having no power. That is quite common.

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