Some stateside are a tad nervous, but offshore types are almost sanguine re our debt "fix." Offshore smart money has witnessed the US under Obama move towards cradle-to-grave welfare and Euro-paternalism, while most of them, most other developed countries (Greece a fellow traveler of BO’s) have moved away from this quagmire, France included. Now they see hope for the US.
Just think! To render faculty lounge types, lawyers, union thugs and the nursery class as totally redundant!
Now that is cause for celebration. And that folks, is what this is all about.
Robert Craven
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