Passing Out (Economic) Stars (Urbsurvival)

[katty]

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Passing Out (Economic) Stars
Posted on November 29, 2011 by George Ure

(Palm Springs, CA) Since we’re in a hurry to get out of town this morning I’m going to simply pass our “stars” which seems a way to quickly cover a lot of ground.

For example, although I don’t agree with his views often, CNBC’s Jim Cramer says the financial world is at DEFCON Three with mere days to avoid a financial disaster so big it’s hard to get your head around.

A green star to the consumers in Europe who have allowed their confidence to fall to a two-year low. They could have gotten a gold star, but they’ll have to settle for green since what’s justified is falling to an all-time lower and moving under a rock.