Friday, December 16, 2011

EMU GIVES EUROZONE CITIZENS A TERRIBLE PRESENT


While mostly unrelated to economics I found this very entertaining video of the Jimmy Kimmel show that had me laughing about the contents hours later.

Please enjoy......




Oddly, after watching the video, I'm struck by how similar the "gifts" of Eurozone political leaders have been to their own citizens in this mockery of a sham called the bailout process.  In fact Germany's and France's leadership seem to be doling out these "gifts" overtime and yet the citizens of the periphery countries seem to be eyeing the gift and then opening them only to fall apart in tears or lash out in anger.  See, the bailouts provided by the IMF and ECB may be wrapped up and packaged nicely, but they really are nasty old hot dogs or half-eaten peanut butter and jelly sandwiches.

I'm waiting for the moment when Greece, Portugal, Spain, or some other nation takes the approach that the kid does at 4:27 in the video.

Have a Merry Christmas!


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 athttp://www.goatmug.blogspot.com/