Saturday, October 15, 2011

The Iberian storm-next year

Spain and Portugal: 'the worst will be next year. Then it will really hit' | World news | The Guardian

A sign of things to come. To Us? Yes probably; it looks like their housing bubble is collapsing.

If we take a careful look around us expansion is all about. And our elected officials are portraying peaceful bliss.

But then the calm is always before the storm, isn't it? Swans always appear to be placid despite the furious activity below the surface. Then the first card falls, hopefully the politicians pray, AFTER the November 2012 election, because then they have time to spin the truth into a nice neat package. That we'll swallow, once again.

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