And yes, the EU appears ready to gut economies despite the inevitable blow-back, after all it is being done to the southern membercountries.

that's my take on it too. of course being mother russia's barrier state is no fun either.

of course the usa budget is up now and the pentagogo gain by a bit of sabre rattling with Archenemy no 1, (this year's).

last year it was n. korea, remember?

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty