Wednesday, November 9, 2011

PASS THE PARCEL - DEBT GAMES

DEBT BOMBS
Please watch this 4 minute video that highlights the problems that the Eurozone is facing.  Every day that I consider the situation I am still in awe of how the leaders of these countries will destroy their own nations to preserve a broken system and a stack of lies. 

It takes a courageous man or woman to stand up to institutionalized fixtures and fight for what is right and just, especially when it might create short term pain.  Unfortunately there are no courageous men or women in Europe or the US to make this kind of stand.  This thought is only reinforced when we look at the Penn State situation.  In the US we exalt football to the level of religion.  We hear that it is a man's game and rite of passage where leaders are made and it is where the our nation finds its heros.  Yet, even on this battleground of excellence we find silent men that follow procedures instead of doing the right thing.

I'm sure the FED and IMF will attempt to ride to the rescue of Italy and the Eurozone this week, but we all know that it won't help in the long run and by the assessment of the video, it won't help at all next year.

Enjoy.






GOATMUG
Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/