from Zero hedge:by Charles Hugh Smith from Of Two Minds
The World Is Drowning in Debt, and Europe Laces On Concrete Boots
Three metaphors describe Europe: drowning in debt, circular firing squad and trying to fool the money gods with an inept game of 3-card monte.
The world's major economies are drowning in debt--Europe, the U.S., Japan, China. We all know the U.S. has tried to save its
