Romanian Government Collapses Under Peaceful Pressure From Citizens
Tue, 07 Feb 2012 16:48:04 GMT
I’m not going to sit here and write the same story every day - Europe as it is configured under the euro is toast without reform. All of the daily nonsense of euro-zone bureaucrats and the European Central Bank are meaningless. They are simply playing Whac-A-Mole. It is lipstick on a pig meant to deal with crises they see today rather than any sustainable reform. We discussed that the euro was headed for serious issues long before any crisis was present. In fact, when the generally astute Marc Faber remarked that the euro was a legitimate and safe currency comparative to the dollar’s illegitimacy I mocked him for such nonsense. Not one of Faber’s greatest moments and a sign of how his emotional bias deluded reality from his thinking. ie, He was living in a fictional dream world that only existed in his mind. Romania is simply the latest in a long line of illegitimacy that is collapsing around the world. Mock crises...
Related content
