arwerth

Is the Buck Really Back?

THE FUNDAMENTALS OF EUROPE ARE DIFFERENT TO USA .THE USA IS A BROADBASED SERVICE ECONOMY COLLAPSING UNDER ITS OWN HYPE AND PROPERTY MARKET.BORROWED TO THE EYEBALLS.EUROPE IS TWO HALFS ONE HALF LIKE THE USA (IE THE PIGS PORTUGAL,ITALY GREECE,SPAIN)THE OTHER LARGER ECONIMIC HALF.(GERMANY ,FRANCE.HOLLAND.BELGIU... )HALF IS PRUDENT IN SURPLUS AND NOT GOT INVOLVED IN THIS BINGE ON HOUSING THAT THE US HAS.EUROPE IS FALLING THATS TRUE MAINLY DUE TO THE CALLOUS HALF..BUT THE FLOOR IS MUCH CLOSER.IN ECONOMICS OF LIFE HALF A LOAF IS BETTER THAN NO BREAD.THERE IS NO US HALF LOAF. IME AFRAID USA HAS TUMBLED OFF A TALL SKYSCRAPER INDEED.TAKING BETS ON THE DOLLAR???