Andrew Hoffman--Defaults Don't Matter-Or Do They? #2675

What In The World Is Going On With Andrew Hoffman:

The entire world is incentivized to ignore reality. Can kicking has now become an art form. The Greeks have defaulted and the entire world gives a collective yawn. Will Greece really pay everything they owe later in the month along with everything they owe later in the month? A measely $300 million and they can't come up with it, get real! No bail is coming. The German's refuse to give it and the Greeks refuse to take it. Will the collapse occur in June or in September or even later? Who knows? 

The Co-CEO's of Deutsche Bank both resigned and European QE has been increased by 10% and yields are going way up. What's the reason, something is going on behind the scenes and we're all going to find out at some point in the near future. The question is what? Something will break the system. 

Everything is ass-backwards. The worst economic environment of our lifetimes. Social unrest and the breaking off of large segments of the world economy. The only thing that's buffering it is manipulated markets. But have faith, the Dow is going up!