what else? ….

debts again. This time it’s not in the US (they are just facing bankruptcy, but don’t worry. they will raise the allowance to make even more debts) but the EU


This time it’s again about the PIGS  states. Ireland has taken somewhere around 70 billions, now we have to see what Portugal will take. Of course with the usual tam tam. The have to save and the harshest  sanctions will take place if they will not do this or that or whatever.


You know what this is worth. It’s not even worth the typing I do for it. More debt as cure to too much debt. It’s the same old song, we’ve heard for years now. And heaven forbid if we simply allow Portugal to get

bankrupt. The world will come to a grinding halt…



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