By Nicholas Contompasis
In Europe, indications are that fiscally responsible politicians will fail to correct the sinking ship that’s called the European Union.
With most European countries militaries weakened to a point of ineffectiveness, it bodes of major widespread civil unrest and anarchy that will only be controlled by NATO troops. This act along with currency devaluations will be the death nail for individual national sovereignty in Europe and will shatter a once peaceful continent.
The problem for America is that with the loss of our strongest trading partner our economy will take decades to recover if ever.
Furthermore, going forward, if the U.S. fails to provide domestic fiscal restraint, the world as we know it will end and President Obama’s promise of a “fundamental change” will have occurred!