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Death, 'Disease X', and 'rebuilding trust' with the denizens of Davos -- Puppet Masters -- Sott.net sott.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sott.net Daily Mail and Mail on Sunday newspapers.
Death, 'Disease X', & "Rebuilding Trust" With The Denizens Of Davos Authored by James Howard Kunstler via Kunstler.com, “I have decided to unilaterally… ....
Off action that we saw through most of 2011 and when you see pictures of people rioting throughout europe and questioning the solvency of the europe and sell everything and get me out and that s what we re seeing on the dow at home. i m curious, jonathan if historically what happened in europe has always affected the united states. absolutely, it does. not only because there are major trading partner, but a major banking partner and i think, you know, jamie, that s what has so many people worried here at home. greece s stock market is at a 22 year low and yet our own actions in the states and policies, especially in washington, seems to be following down exactly that same path. the government spending, no curtailing of the size and scope and of course, that s will he had to the problems in europe. that debt implosion and we ve lost our triple-a rating at home and headed for the same in the grand old usa. we ve got to get it grand ....
Debt implosion. you cannot continue on, and when the united states implodes it s going to make western europe look like child s play. we re not going to have that problem near this country. what s interesting is when bush made his first tax cuts you didn t hear the republicans saying, where are we going to get the money for these tax cuts and we need to cut spending here and there. now it becomes an issue when it comes to working and middle class families, it now becomes an issue of, we need to cut spend can. well, we do need to cut spending. where do we want to cut spending from? from the defense. the one thing in this world right now that is totally uncertain is our security. and that s the one thing they want to attack here. i don t understand as president. i don t understand our leaders. they re not leading. what they re doing is they re doing exactly what david said. they re kicking the can. here s the problem. there s a world now and they can t hit the wall, and it s our ch ....