The Luck Of The Irish

Has run out.

Now they're next to be bailed out.

Who's next?

Portugal.

Then Spain.

Then Italy.

And the EU continues it's slow and painful death.

All I can say is thank goodness we're all the way out here in Asia!

Opportunity in the markets! That's all I can say.

Should have seen this coming when that European banker stood up to confront an American banker during last year's Private Banking Asia forum, to challenge him that the Euro was much worse off than the Dollar.

We're seeing the fight now.

The USD may be weaker now, but it's economy isn't as badly in the dumps as Europe could potentially be.

The fall of the old world is a slow but sure one right now.