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This page contains a single entry from the blog posted on September 9, 2012 11:47 AM. The previous post in this blog was Tally ho! The 'dogs are released!. The next post in this blog is A big day for the 'dogs. Many more can be found on the main index page or by looking through the archives.

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Sunday, September 9, 2012

Well, now I finally get the City of Portland debt binge

We're just trying to show solidarity with sister cities in China.

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Well, Portland's debt binge is in solidarity with the capitalism of Euros, too.
In the NY Review of Books:

The Tragedy of the European Union and How to Resolve It, George Soros, September 7, 2012

The euro crisis has entered a new phase. The continued survival of the euro is assured but the future shape of the European Union will be determined by the political decisions the member states will have to take during the next year or so. The alternatives are extensively analyzed in the article that follows.
(Jack, you are likely to really appreciated Soros's article, I expect; some of the 'bonds' 'sovereign currency' 'financial markets' -type of vocabulary, repeated throughout the article, discusses monetary issues I was unable to comprehend ... before I read Web Of Debt, by Ellen Brown, Attorney.)



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