Animal Spirits Rising - Barrons.com
Somehow, it would seem as though the US has pioneered the solution to the obloquy of debtor's prison.
But, the Europeans seem averse to the idea of moving on and a fresh start.
Some comments this weekend on the perfidious nature of Greek social benefits was, sad-to-say, even more of an eye opener to the nexus of the Greek's problems.
But, bankruptcy, no other credit and time to reflect and restart would seem and suggest itself as preferential to what is happening now.
Oh yes, the world should take note that socialist policies with expanded government benefits doesn't pencil out in the end. But, then again, who should be lending to the US government either?
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