I have been indulging more lately with all my extra income. I am American who foresaw all of this in advance and bought gold. Every morning I like to wake up and see how much I have earned for not being a fool.

But I really think Euros and Americans should stop worrying. The people running these governments really know what they are doing. Obama just "cut spending" by putting a freeze on government salaries. Like, if you are going bankrupt and currently spend 5000 baht a month on caviar, you can freeze your caviar expense next month so that it does not go over 5000 baht. That is big time savings baby! Oh yeah, he actually didn't freeze government hiring so I suppose some of those "savings" might get spent on new employees. All in all, these "savings" amounts to less than two tenths of one percent of the budget. A really strong start to fiscal responsibility.

Atleast the stock market is in another inflationary bubble recovering.