"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.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
No comments:
Post a Comment