James Roberts nota:
"... Here in the US, for example, federal revenues will top $2 trillion this year, but federal spending will approach double that amount...
Europe also faces its day of reckoning after decades of overspending and overpromising. The Eurozone, as currently fashioned, appears to be on the verge of collapse. This helps explain the continental frenzy over the arrest of former IMF Chief and French presidential hopeful Dominique Strauss-Kahn. Europeans had been counting on him to funnel yet more IMF billions to Euro-deluded deadbeats like Greece and Portugal . . .
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