The EU has brought about the first sovereign default in Western Europe since the Second World War and set a fateful precedent without actually resolving the Greek problem. This is the worst of all worlds ... We can only pray that at least one half of the Atlantic system holds relatively firm. If both go down together, buy a shotgun and prepare for 1932.
But don't forget the barbed wire, Ambrose, the canned food and plenty of ammunition.
COMMENT THREAD
