But in the bond market, it’s been anything BUT quiet. In fact, the first major sovereign debt domino toppled this past week — in Greece.
The Mediterranean nation is buried under a massive load of debts and deficits, and the numbers are shocking.
Greece should serve as warning to the rest of the world that the push for globalism only benefits the globalists and will subject the people of planet Earth to perpetual debt slavery so long as they believe they should pay for the reckless behavior of government and business.
Clearly the people of Greece (and Iceland) are too smart to fall for that hoax. I hope Americans are just as smart.