Clueless

  By Mystic | January 28, 2012 - 12:11 |

It’s easier for the US….Their political battles are mostly internal squabbles over the route of the gravy train.
In Europe things are much more complicated. I’m sure they want to do what is best for Europe as a whole (if only to make the problems go away), but are always drawn back to their domestic imperatives.
They cannot admit defeat over the `Europe problem`, but cannot afford to make the sacrifices necessary to move toward solving it.
The European Union is `home` to 330 million people.
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Written by: Mystic on January 28, 2012.
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  • NascentMind

    I just loved the shackled together metaphor.
    Shackled together on a Mount Euro Debt Would I/You cut the rope?

    Euro Debt Metaphor.

    http://www.youtube.com/watch?v=0slYY_YaCrY 

    • NascentMind

      ooh forgot the main point.  
      George Lennox Sharman Shackle. and Rational Choice Theory.

  • Axel1million

    It’s true that life is not fair, but the end result is the same for all. Winners loosers… wait , time for some Bob Dylan lyrics…………

    For the wheel’s still in spin

    And there’s no tellin’ who

    That it’s namin’.

    For the loser now

    Will be later to win

    For the times they are a-changin’.

    • Lyle

      ahh… Zimmy !  ;-)

  • Lyle

    Nice new hat Nick… ya kinda remind me of a chess piece.  :)

  • http://maxwellsrepublic.tumblr.com/ maxwell

    services is also up so much because many software products are now being offered as a service: SAAS. Cloud computing services and SAAS models % gains in sales margin with every new unit contribution, i.e., each new sale increase total revenue faster than cost and does so on a sustainable path. Instead of buying a disk and running the program off of your computer, now you run it through your browser and all data is hosted in the cloud… services like this will continue to grow.

  • Windcutter

    Now here’s a medley of issues

    http://www.reuters.com/article/2012/01/30/us-eu-summit-idUSTRE80S0SR20120130 

    Keynes outlawed?

    Once again our Leaders are displaying their lack of understanding of how finances run at the national level. Or maybe they do understand, but are simply unwilling to admit it and then offer the only viable solution. Retake control of the issuance of currency from the bankers.

    http://blogs.reuters.com/david-cay-johnston/2012/01/27/the-siren-call-of-austerity/

    And again we are fed the rubbish;

    “The United States government, which has a monopoly on its currency, is $15.2 trillion in debt, roughly the same as the entire output of the economy for a year.”

    The US government does not have a monopoly on its currency. As long as the bankers issue it and extract their rent for doing so, we are all totally doomed to booms and busts and ultimate penury.