This diary is guaranteed to cheer you up… How?
Firstly, as Americans, you ought to know that there are many European countries who have responded in an even worse fashion to even more parlous economic woes. Secondly, there’s always the immense intellectual satisfaction of “I told you so” when exploring the further disastrous ramifications of our global financial system.
Even if you’re facing unemployment, surveying your recently repossessed house, is there at least some residual bleak satisfaction in saying “I was right”?
Follow me below the fold for an international schadenfreudefest (™ Strummerson)