PIGS

It was over 18 months ago I attended a meeting sponsored by Region 9. The main speaker at the meeting was state economist, Tom Stinson. He gave a word of warning:
PIGS.  What did he mean by that? He meant Portugal, Italy, Greece, and Spain.

These countries were on shaky grounds then and are on worse grounds now. There was plenty of awareness early on - but very little guts to take action. The European leaders evidently are of similar ilk as the ones in our country. end