Thursday, January 26, 2012

Spain's Finance Minister Admits Unemployment Hits 24%,

Spain's Finance Minister Admits Unemployment Hits 24%,

The eurozone is an economic basket case.
The young, especially the Spanish and Greeks, are leaving for Brazil and places beyond. Socialist style government is going to turn the zone into a dustbin of old, ill and insane. 

My comment; Be very weary of this folks, our market will not be unscathed as the cheer leaders preach, when Europe goes our banks will feel the effects like a 100 meter tsunami.

US banks are exposed to European banks.

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