I don’t know, I think that ship has sailed.
Possibly. I really think they can play games with the numbers for much longer than people think. Read places like Zerohedge and you'd think doom was just around the corner, but it never is. I think we need to understand how desperate Europeans are to preserve their social welfare states. I think we are seeing in France that the next step is an attempt to impose even higher taxation on producers and business. Just a couple years ago there was something of an understanding that taxes were already too much and debt was still spiraling out of control, but these people simply can't cut anything. And America is doing the same, we're just a few years behind them is all - but we are catching up fast.