It’s beginning to look a lot like Christmas… for failed states. To the surprise of absolutely no one, The stimulus failed so completly, even the CBO had to throw in the towel. Within that stimulus, A major federal handout benefited ONE state. Go on… guess.

That’s only the domestic side.

Not to let the facts get in the way of a good bailout, Italy is now needing a direct cash infusion from the IMF to stave off complete collapse and the last remaining stable country in the EU is being pressured to prop-up anything that moves.

Uncle?

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