If PIIGS Could Fly – John Mauldin’s Outside the Box – InvestorsInsight.com

The skinny skinny:

After Monday’s post concerning sovereign debt, today’s post further extrapolates on the sovereign debt issue. From reading this, I’ve come to see that we are seeing a human behavior coming to a close. A pattern of behavior is starting to show that it has gone too far. We can’t milk a system based on future income (IOUs) to this excess. The will of the masses and the pandering to them by those seeking administrative offices has gone waaaay to far. We are broke, brother. We are now leading into the phase of going without.

If PIIGS Could Fly – John Mauldin’s Outside the Box – InvestorsInsight.com | Financial Intelligence, Advice & Research / Investment Strategies & Planning for Individual Investors.

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About Brian in Chicago

Chronicler, enjoyer of soccer and crypto hobbyist. It's time for humanity to mature to its adulthood. I share things I enjoy and that I feel are worth knowing. Be well, everyone.
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