Friday, December 9, 2011

EU Treaty Exposes English and French Differences

12/9/2011 Portland, Oregon - Pop in your mints… As many are aware, the EU ramrod "save the currency" treaty was quickly accepted by the countries who are all in on the Euro, while those who saw that drinking the Euro koolaid was likely to kill them, namely England, rejected the treaty.

For us, this exposed the fundamental differences in the English and those on the continent.

One of these differences being that the French tend to think of children as innocents who become corrupted as they age (which is why they are more apt to tolerate the immoral shenanigans of their governing class more than the Brits or Americans do), the English understand that children, as much as adults, are capable of both good and evil at any age. They hope for the best and, at their best, prepare for the worst. This is why the French could not believe the premise of the Lord of the Flies. Why were these children portrayed as being aggressive to each other?

While this observation is neither here nor there, we leave you with the French and English leaders as they interacted at the EU summit.

Stay tuned and Trust Jesus.

Stay Fresh! David Mint

Email: davidminteconomics@gmail.com

P.S. For more ideas and commentary please check out The Mint at http://www.davidmint.com/

Key Indicators for December 9, 2011

Copper Price per Lb: $3.57
Oil Price per Barrel: $99.41
Corn Price per Bushel: $5.85
10 Yr US Treasury Bond: 2.05%
FED Target Rate: 0.07% ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce: $1,711 PERMANENT UNCERTAINTY
MINT Perceived Target Rate*: 2.00%
Unemployment Rate: 8.6%
Inflation Rate (CPI): -0.1%
Dow Jones Industrial Average: 12,184
M1 Monetary Base: $2,255,500,000,000 RED ALERT!!! THE ANIMALS ARE LEAVING THE ZOO!!!
M2 Monetary Base: $9,623,700,000,000 YIKES UP $1 Trillion in one year!!!!!!!