Wednesday, September 28, 2011


After being downgraded by Moody's last week, Slovenia's debt has just been downgraded by Fitch.

With only 2 million people, Slovenia is not much a European powerhouse but it is a voting member of the ECB -- each of the 17 countries in the Eurozone has a vote on the Greek default issue and other issues of the day!

Job growth and economic growth could disappoint in the months ahead.

The markets and our economies are captive and beholden to incompetent and probably corrupt policymakers (both here and abroad); it’s a slippery slope where investors and corporations don't seem to be in control of their own destinies.