Wednesday, September 28, 2011

Financial Crisis II Electric Boogaloo (Part 3)

(Click to enlarge)

Regarding the above cartoon, it's difficult to sympathize with parasitic corporations who lose their own game, but banks are in a league unto themselves.

General:

Share Traders More Reckless Than Psychopaths, Study Shows.  What a shock!

Feel Better?  Not really.

The economic situation in Europe is just plain bad:

Eurozone Bailout Numbers Go Stratospheric From €440 billion to €4 Trillion.

Split opens over Greek bail-out terms.

Merkel Prepares Market for Bigger Haircuts; Split opens Over Greek Bail-Out Terms; Needs vs. Fantasies.

This time, unlike 2008, it's the US that will follow.

No comments: