Sunday, September 02, 2012

U.S. COMPANIES PREPARED FOR GREECE'S EXIT FROM THE EURO

NYTIMES SAYS MOST MAJOR USA COMPANIES ARE NOW PREPARED TO DEAL WITH GREECE'S EXIT FROM THE EURO-ZONE.

IOW: THE EU'S AND ECB'S 18 MONTH OLD KABUKI DANCE HAS FULFILLED ITS ACTUAL PURPOSE:

TO BUY ENOUGH TIME FOR MAJOR INTERNATIONAL BANKS AND CORPORATIONS TO GET READY FOR THE INEVITABLE AND THEREBY ENABLE A SOFT-LANDING INSTEAD OF A CRASH.

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