There is a battle ragging in Europe over how to deal with the gigantic debt created by their governments and banks. Some believe that austerity measures is the solution. Now there seems to be a growing backlash against reducing government spending in a drastic manner. Stimulus has not worked including in the USA where the Obama stimulus package seems to have done zero in getting the economy moving and reducing unemployment. If this is so, we are in a real global jam. Meaning that our current economic and financial systems are not applicable to life on this planet for the 21 century. The question now is how do we change this global matrix of financial and political interests that is no longer applicable? In my opinion there something very obvious taking place: the current rules for scoring our economic endeavors only work for a small group of people that have one thing in common: power and profits not ideology nor religious believes . They are Socialist, Communist, Capitalist, Catholics, Jews, Muslims, democracies, dictatorships,etc. They want the game to continue going on at all cost but the rest of the planet is starting to wake up to the fact that the game is rigged and some have noticed that they are not the only victims that the Earth is also being destroyed in the process. Game over? now what? Big uncertainly, volatility…….
@RadamesSoto
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