I thought I would offer my readers a quick update on the worldwide situations this weekend. I have employed a danger rating on a 1-10 scale with 10 being catastrophic. Enjoy!
Economy
Greece: (9.5) Seriously in trouble: 6% for emergency loans, capitol flight/bank runs and controls, 3-month yields of about 15%, debt rating cut to BBB- by Fitch, . It's Armageddon for Greece.
U.S. (9.0) - 200:1 leveraging, 11% deficit spending as a percentage of GDP, Banks hiding 42% of debt risks (Greece 2 anyone?), FDIC in Puerto Rico(25% of the island's assets), unemployment deepening, $4 a gallon gas, sporadic riots, Civilian Service Corps(SA brownshirts?), John Paul Stevens is retiring, April 15th is looking like a prime protest date.
Kyrgyzstan - (9.0) Riots, an interim government and a US airbase important to the Global War of Terror. Is Russia smelling blood in the water?
U.K. (9.0) - Gas is $9 a gallon! Good luck recovering.
China (8.5) - A failed bond auction bodes ill. What, Tim Geithner is there? I wonder why...
Canada (8.0) - Has no gold, real estate is looking overpriced.
War
Israel/Gaza (9.0) - Like a bully caught crying on the playground, Israel is going to go home and kick the family dog.
U.S./World (9.0)- Video scandals make the U.S. appear like the bully it is.
U.S./Mexico (9.0) - More troops? And more?
Thailand (8.5) - Martial law in the capital.
Iran - (8.0) - Baring it's teeth, get's centrifuges!
Religion
Catholic Church (9.5) - Sex scandal is melting down any moral credibility the church had. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, At least it's safer than public school, I guess.
At least it was an uneventful week?
No comments:
Post a Comment