Well we see the catastrophes coming. Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later. Von Mises has told us, Hayek hase told us and many others...
where neithe the sun warms nor the wind cools. It's one of thos days grey-in-grey my photo cells on the roof deliver energy just enough energy for one 40 W bulb. In best times I can get over 5000 W an hour which surely is enough for all our needs...
Just imagine all EU countries have collected more debts than ever in history. Greece has manipulated data to be part of this system. And what did we do we sanctioned their doing. Now imagine, I'm stealing your money, we go to court and you have to...
Well that's what the german deledefs seem to prefer. As some of you might have heard a german "frollein" has won the European song contest. Now the polticians declare her a "great" german figurehead. But you know, if you get instrumented...