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Recommend Danny Schechter - Markets of Shame Before The Collapse: Crisis, Crisis, Everywhere (Email)

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By Danny Schechter - Live on PRN.fm every Friday at 1pm(ET)

NewsDissector.com

Earlier this week, Stephen Colbert announced dramatically that there were important developments underway in Europe that we should know about.

True to form, Colbert’s Repor didn’t talk about the big problem. His story, ha ha ha, was about a butter shortage in Norway. Talk about going from the obscure to the ridiculous.

We all know that European countries have been wrestling with what to do about saving the Euro.

There have been warnings of an economic catastrophe if the Euro falls, and its plain that the already shaky American economy will take a big hit if it happens.

The drama in Europe seems to be beyond the ability of both comedy and financial programs to explain. Perhaps it’s more of a divine comedy in the Danteian sense, because we are all perched on the edge of circle of hell that many of us don’t want to wrap our minds around.


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