SEX AND PREGNANCY: Germany, France Agree on Greek Measures - WSJ.com
These ministers seem to believe sex doesn't produce pregnancy.
In other words, they are hoping that the private world doesn't keep questioning the ability of socialist states to keep borrowing money to fund social expenditures without fiscal policies to promote growth.
Everyone now sees what happens by looking at Greece. A careful examination of some US numbers (as has been done this week by Barrons, etc.) point to the need to look closer at America's economy as well.
To believe the private investor isn't going to want a little more fiscal rectitude can't be plastered over.
Sunday, May 9, 2010
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