UH-OH: MOODY'S STATES THE OBVIOUS AND DOWNGRADES 2 OF FRANCE'S BIGGEST BANKS

THESE DOWNGRADES ARE A REMINDER THAT YOU MUSTN'T BE FOOLED BY THE UPS & DOWNS OF THE GLOBAL STOCK MARKETS; THE REAL DIRECTION IS DOWN DOWN DOWN.

WHY? SIMPLE:

TOO MANY BIG BANKS
IN TOO MANY COUNTRIES
ARE HOLDING TOO MUCH BAD SOVEREIGN DEBT
BECAUSE TOO MANY NATIONS
SPENT TOO MUCH DANG MONEY
ON TOO MANY SOCIALIST PROGRAMS
THAT DID NOT DELIVER ANYTHING
EXCEPT WEAK ECONOMIC GROWTH
AND BAD DEBT.

SIGH.

THE SOLUTION IS SIMPLE:

UNWIND ALL THE SOCIALIST PROGRAMS WHICH GENERATED ALL THE BAD DEBT, AND GET GOVERNMENT AND POLITICIANS AND LEFTIST POLICIES - LIKE ANTI FOSSIL FUEL REGS AND TAXES - OUT OF THE WAY SO ENTREPRENEURS AND CHEAPER ENERGY PRICES CAN START STIMULATING ECONOMIC GROWTH.