Posted by: Dark Defender | September 24, 2008

Glass houses

Europeans had better take a deep breath and contain their schadenfreude.  Leaving aside that they are doomed in the long run, it appears their banking system at present is actually in worse shape than ours. 

What a mess, we in the West need to get off the Socialist crack and embrace free markets (you know like China) or we are all in for real trouble for a real long time.



  1. […] European bank to be first contagion victim? As I warned earlier. It seems the major Euro bank Fortis (half of all Belgians bank there, 20th largest business in the […]

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