obviously they need to nationalize S&P....
Neither Europe nor the United States will give up Socialism. The majority are on the dole and will not vote themselves off.
Polarity, between household debt contraction (which is govt. resistance), and a real psychopathy of the Federal Governments (euro also), RICO players, and the cast of SO CALLED ‘banking”.
“resistance” (consumer contraction) is forcing downward REAL market pressure, govt.-RICO psychopathy is maintaining high (very high in comparison) pensions and salaries compensations.
This IS a psychopathy, govt-RICO players have no sympathy, but lip-service, to the resulting unemployed. And many who are employed are being thown bones compared to govt.-RICO compensation standards.
Watch the REAL employment numbers (which they tried to fake last week)
Look up the word “Arbeitsziehungslager”, and the momentum that brought this about.
No problem,
print more money !
woo-hooo !
US debt will also be downgraded again soon.