WHILE NO ONE WANTS TO TALK ABOUT IT, THE EUROPEAN DEBT CRISES IS LIKE THE 800 LB. GORILLA IN THE CORNER. EVERYONE AVOIDS EYE CONTACT YET THE STENCH PERMEATES THE AIR.
SPAIN AND ITALY CONTINUE TO SPEND BEYOND THEIR MEANS. EMPLOYMENT IS NEAR 25% AND PRODUCTION IS DWINDLING TO NEAR RECORD LOWS.
INVESTORS WHO TOOK THE WORD OF THE EUROPEAN NANNY STATES THAT THEY WOULD GET THINGS ORGANIZED ARE BEGINNING TO SWEAT A BIT AS THE EUROPEAN CENTRAL BANK PUMPS MORE EUROS INTO THE CESSPOOL OF EUROPE.
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