Contrarian market commentary and economic postings.
The government stimulus, bailout, debt piled on debt program is failing in the face of existing debt and joblessness.Good observation here by Gerald Celente. Europe now moving to cost cutting (austerity as they call it over there) vs stimulus. http://www.youtube.com/watch?v=JL2yknwRY9I&feature=player_embedded
The government stimulus, bailout, debt piled on debt program is failing in the face of existing debt and joblessness.
ReplyDeleteGood observation here by Gerald Celente. Europe now moving to cost cutting (austerity as they call it over there) vs stimulus.
http://www.youtube.com/watch?v=JL2yknwRY9I&feature=player_embedded