August 11, 2011 · 9:41 am

Panic in Europe

Italy to ban short selling and France is rumored to soon follow. When governments try to deny reality, you know they’re doomed.

6 Comments

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6 responses to “Panic in Europe”

  1. Lls2
    August 11, 2011 at 9:52 am

    Don’t you wish you had your place in Montana or Wyoming ??

    • christopherfountain
      August 11, 2011 at 9:59 am

      Well I do have, almost, a place in Montana. In 1973, while hiking through the Bear Tooth Wilderness Area, I caught and we ate an Arctic Char. A few days later a camping store owner told me that the species had only recently been introduced into the state and no one had yet recorded one so, had I kept it, I could have ever-so-briefly been the record holder!
      But yeah, if I had the money, I’d love to have a piece of real estate out west.

  2. Peg
    August 11, 2011 at 9:58 am

    Exactly correct. You do not fix a problem by sticking your head in the sand and hoping it vanishes. You fix it by hunkering down and doing the hard work that is required.

    Maybe one day we will have politicians who realize this – or, should I say, voters who are willing to vote for the politicians who will implement this?

  3. Inagua
    August 11, 2011 at 11:21 am

    We are witnessing the slow crack-up of the European welfare state at the same time our country is continuing to move in that direction. Our policy choices under Bush and Obama have doomed us to at least another decade of economic stagnation. Madness, all self-inflicted.

  4. LLS2
    August 11, 2011 at 1:44 pm

    you want austerity ?

    drastically reduce or military/defense budget. bring our troops home, all of them from western europe, japan, korea, afghanistan, kuwait, iraq.

    USA is a warmongering country, just look at our history from 1945 on.

  5. Greenwich Gal
    August 12, 2011 at 1:48 am

    LLS2 – I suggest you revisit your history. Countries without a stong military eventually get marginalized and/or their asses kicked.