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those prove indications are weighing of buying himself credibility with the pla, with the chinese army, and similarly he s i think he s just shown is tom freidman wrote do not ban numbs and bloomberg reporters, because you need a free pres what does he do? the next day he says i can investigate my own corruption. i think the $64 trillion or billion dollar question here is, is chinese aggression in its neighborhood a sign of weakness and insecurity by the leadership? or is it a sign of confidence and strength? i suspect it s weakness. let s get zanny in. you can talk about china, but i want to ask a simple question is the fear of the collapse of the euro off of the table. it is off the or collapse is off the table.
gone global. confidence of the so-called euro zone, also euro off, way off. a world of folks feeling a world of hurt. it s true. many are anxious about it and about leaders who can t seem to fix it. economists don t much like judging folks moods, because most folks are moody and by definition, moods change. numbers guys have a problem with that. here is the problem. this isn t just a temporary event. folks have been bummed out for a while now. they have been worried for a while now. they have been concerned about layoffs for while now and their own cultured pay raises for a while now. here, there, everywhere. what has changed now is that more are bummed now and worried now, and that is what worries me now, because i think you are how you feel. and if you feel down economically speaking, you tend to hunker down. you spend less. you go out less. since the behavior feeds on itself, businesses and companies then make less and eventually they lay off more.