Wednesday, December 22, 2010

The figures for unfunded liabilities in EU are staggering and continue to grow larger and larger as the medical and drug industries refuse to halt fee increases and prices,and the educational establishments refuse to limit salaries or perks.Until and unless these two bureaucracies submit to sharp cost reductions the debt loads will increase in even the healthier economies of France and Germany.
Evidently neither the US or EU are willing to admit competition from South America and Asia restrains the amount of profits and the size of margins for basic goods.There's really no escape from the mandatory cuts which will soon become the norm across Europe and the US.On the lighter side”

Dilemmas Faces The Struggling EURO

The ONLY paper to hold for investment Literally, is TOILET PAPER. It NEVER loses its value, and when it goes down the toilet,,, you got your full value for it.”What? The dollar is doing better? I thought the NWO goons wanted us to be using ameros by now. Aw, shucks lol..........

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