"It is rather hypocritical when the Americans and the British, whose own
mountains of debt have reached a high point, try to lecture the Europeans.
One number is sufficient to reveal what a bad tactic this is. At a
time when the budget deficits of the US and Great Britain are about 8 percent,
the euro-zone members have almost managed to bring their deficits as a whole
down to 3 percent." And they are spot on: Europe may be going through a
painful time but at least it is doing something to address its problems.
America
continues to rely on the printing press.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
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