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It's not confined to Europe. Troubled America faces its own moment of truth. It'll replicate troubled Eurozone countries when it arrives.
A Final Comment
The late Gore Vidal got it right. He called The New York Times the "Typhoid Mary of American journalism." It proves it daily.
It cheerleads US imperial wars. It ignores mass slaughter and destruction. It's silent on banksters stealing us blind. It's comfortable with money power running America.
It supports wealth, privilege and power. Its August 2 editorial headlined "Manana Bankers" showed it.
It asked "(h)ow bad do conditions have to get before" central bankers intervene. It's mindless of the ocean of easy money they created irresponsibly. It went to bankers, not economic growth.
They used it for speculation and greater consolidation. They stole public funds for their own benefit.
The Times wants more of a bad thing repeated. Failure "means trouble for everyone," it said. What are they waiting for, it asked?
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