If A Global Recession Is Not Looming, Then Why Are Bailouts Flying Around
• The Economic CollapseUnfortunately, global financial markets were not terribly impressed with this move by the ECB. European bond yields actually rose and the euro just kept on falling.
Of course a global recession is looming - underway!
The bailouts are the most telling of tales: If they don't bail (take the money and run) now, they aren't likely to get another chance. In fact, there isn't likely to be any money (property and the like) to bail (steal), at a later date!