Bruce Krasting

Report from Europe for Friday, Sept. 4

There are a number of videos out there of angry people. In a way it is humor but it is not. There is nothing funny about it. There are many people out there that are as mad as this guy. They may not be doing Utube videos, but they are just as hot under the collar.

My guess is that something else is going to happen. Not sure what. My guess is that shortages of certain things is going to take us over the top. No sugar, no gas, no health care, no police, rising crime another recession. Something is going to give. We just have too many wobbly legs for us to miss the next bullet.

When 'that' happens we will have real anger and it just might spill over to the street.

The net result will be a wave of debt repudiation. It will become an avalanche of "no pays". Hang on, we are just starting the anger phase of this in America.