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To: Piranha
Is this at all positive for Obama?

I dunno, but if you have money to invest the US looks like a much better bet than Europe. At least in the short term anyway. Elections like this just prove Europeans don't really want to curtail their social welfare states. This will cause a lot of jitters among investors and likely exacerbate the European debt crisis. Not that we are much better when it comes to debt, spending and dependence, but it appears we can still kick the can down the road awhile longer.

20 posted on 05/06/2012 10:17:39 AM PDT by Longbow1969
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To: Longbow1969

US is at the tipping point. Europe tipped a while back. There are more votes for free stuff than there are workers. It will never get better until or unless something catastrophic occurs. Like another World War started in , you guessed it, Europe. I see no path for the Eurozone to satisfy their debts, their promises and their goofy third way economies. It’s gonna all come unglued I think.


22 posted on 05/06/2012 10:32:31 AM PDT by jwalsh07 (.)
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