The European Contagion

Europe: So Fun to Blame!

THE EUROPEAN CONTAGION STRIKES! Thanks, everyone but Germany. (And so long, value of Swiss francs!) It's so nice to blame Europe for our "stock market woes" (which, you know, the standard caveats on that phrase, because, "higher DOW = better for everyone" is not a true thing).

Oh hey, in case you missed it: you should enjoy this tale of how America's banks are papering over their tasty robomortgages of the 00s. Legal in some cases/states! Not gonna fly in others. La la la, hey right, was there a recent housing market/bank crisis that nearly undid America? Sending employment numbers now-permanently into the land of terrible? [...]