The Four Stages of Economic Collapse

Economics / Global Debt Crisis
May 06, 2010 - 04:55 PM
By: Graham_Summers

Are you still bullish?

As I write, the notion of a unified Europe is literally going up in smoke. Greece has yet to confirm a bailout (four months into this ridiculous comedy), Spain and Portugal have both been slapped with credit downgrades. These problems are hardly unique as the below chart reveals:



Europe, particularly Greece, should be viewed as a “trial runâ€