Whether the world economy is fully globalized or not is a matter of debate, but it’s easier to say there’s a strong… stitched together… connection between US and European markets. Lately, it’s driven by the willingness of leaders in both regions to bailout failing banks, businesses, governments, and almost any other entity that would probably be better off going bust and clearing a path for future growth.
Maybe the US sneezed and the Europeans got sick, or the other way around… but, regardless of the order, this Frankenstein disease has spread far and wide.
This walking undead cartoon is from Tom Toles of The Washington Post.
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let?s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
I believe only those of us who were prepared enjoy these cartoons.
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