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News Link • Government Debt & Financing

Global Bondageddon?

• The Political Commentator
For some EU countries (i.e. Spain, Italy, Greece) the Doomsday Clock is ticking towards midnight! Not the nuclear Doomsday Clock leading to global armageddon, but the Bondageddon of the financial kind. This potential outcome crosses the mind when you realize the type of political buffoons and supposed financial markets gurus who are running the show in Europe as well as here in the United States. The terms Doomsday Clock and Bondegeddon conjure up images of a potential global financial disaster the likes of which have not been seen since the last actual global financial disaster back in 2008. This is the one that supposedly, at least according to the pundits, has been over for a few years with the U.S. economy in some type of expansion...

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