when it comes to melt down Europe is a non event, that warm act...

when it comes to melt down Europe is a non event, that warm act that everyone will forget in five minutes.
Wait for calafornia, illinois and co to hit the headlines. Europe is just a distracations. I would go as far to say a convenient way to infalate the US dollar, just gives more time for USD paper to move into gold/etc, at artifically high value.
Dont think the big finance guys are not upto it? think again.
They dont give flying macaroon for anything else but profit this QTR/FIN year, and thats about it.