Just a short post this morning. I just saw this from Ambrose Evans-Pritchard of the Telegraph and wanted to pass it on. Ambrose is known for being a bit over the top in his doom-and-gloom ranting (I know you are thinking I am the pot calling the kettle black), but even accounting for his slant, this looks pretty bad. We thought we had a bad mess on this side of the pond, but things in the US are just rosy compared to Eastern Europe. A major mess is brewing. I am sticking with my Depression call.
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4623525/Failure-to-save-East-Europe-will-lead-to-worldwide-meltdown.html
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