mulamanics - paying the juggler monday, page-2

The West is Broke!

http://www.neurope.eu/blog/west-broke

The West is broke.

Two decades ago, Western social capitalists finally conquered Eastern communists. Now eastern capitalists are destroying western socialists. The wealth of the West has gone East. The trillions of surplus in the East is basically equivalent to the trillions of deficit in the West. Until that flow is rebalanced or the drain at least dramatically slowed, chaos will reign. The saga of the euro is the beginning and it seems that time has run out for the old order: period.

Only the value of the euro gives me any doubt. That final thread could snap at any moment.