Wednesday, November 28, 2012
Argentina Headed Toward Default
The Telegraph reports that Fitch has downgraded Argentina's bond ratings to "CC" for long-term debt, and "C" for short term debt, and predicts that Argentina will default. At one time, Argentina was a wealthy, Western country. And then it adopted socialistic economic principles. It is Detroit writ large, and a sober reminder of where the U.S. is headed.
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The 5th Generation Invasion Of Europe
Matt Bracken (h/t Vox Day ) discusses " The 5th Generation Warfare Invasion of Europe ." He begins by noting how the West is still...
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