Thursday, November 18, 2010

Having Trouble Understanding The Machinations and Implications Of The EU Financial Crisis?

Gonzalo Lira can help. Why is the EU Crisis important? Globalist financial/banking policy has tangled not only neighboring European countries economies together in a way impossible to decouple without serious turbulence, but the majority of the world's collective economy is also locked in a larger magnification of what currently ails the EU. And, as goes Europe, so goes the Global Financial System. Lira writes simply, directly, distilling complex financial situations into an easy to understand narrative of real-time economic events, and why there are no easy or immediate answers to this rapidly blooming global catastrophe..

Lira also thinks the European situation is deteriorating rapidly, even more than he recently predicted. I know, I know.. The economic crisis is no where near as fun as Bristol Palin or even the Royal Engagement, but hopefully a few of you will take the 15 minutes or so required to read both articles. You should, then, have a much better handle on the implications this has for America's immediate financial future.

Short answer: Huge, and Terrible.

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