EUCOM Economic Analysis - Part I

[Fuchs]

I watched the different Sunday Washington "talking heads' all pontificating over US political fights (like over Bain Capital), and it's more than clear to me that those folks are truly clueless over just how bad and on-the-edge economic issues are in Europe.

Admittedly, wrong continent and the trade relations aren't that huge anyway. Few %GDP.

The more worrying problem is that the talking heads don't have a clue how unsustainable the U.S. economy is and that any recovery of the usual kind is only an acceleration towards the next huge crash.