The financial news from Europe is worse every day. Now (11/23/11) the most stable country in Euro-Land..., Germany, has no buyers for its bonds. Maybe the Federal Reserve will save the world (again) and Bail Out Germany and the rest of the world’s banks and bond holders..., like they clandestinely did in 2008. The Fed doesn’t have to buy American T-bonds with QE-2 anymore..., everyone is buying them up now. Lots of money left to buy Euro-Bonds. QE-3..., if they don’t get caught.
I know one guy who hopes they don’t get away with it..., or hopes it fails..., if they do. He hopes the whole shebang comes falling down like the famous bridge in the children’s rhyme. He hopes..., or knows..., that the whole industrial economy of this fragile planet needs to come to a screeching halt in short order. The sooner the better for this Spaceship Earth that we call “ours”. It’s our only hope. He says that if we keep burning the fossil fuels that sustain our industrial economy at the present rate..., let alone at the rate at which it would take to “grow” the current economy enough too “rescue” us from fiscal and monetary collapse..., it would fuel world climate change and global warming to the extent of total extinction of most living species...., including our own.
Some nut-case doomer..., this guy..., you ask? No..., this guy..., is Guy R. McPherson.