Friday, November 26, 2010

Germany's Merkel Says Europe...

...will survive their debt crises. They probably will, but not until all the banks fail that can't handle their own debt load. Germany, the strongest one of all of the European countries, can't possibly save everybody and serious problems face all of them for years to come. America will pull though all of this better than Europe because America still has the only reserve currency. America will print all the money they need to get through BUT America must stop all this reckless spending on big government programs.

No comments: